Warren Buffett's Berkshire makes $1.6 billion move on major bank
Berkshire Hathaway reduced its position in the banking giant in its latest 13F regulatory filing.
Berkshire Hathaway reduced its position in the banking giant in its latest 13F regulatory filing.
BELLINGS Intelligence Score: 18
Why it matters
Berkshire Hathaway's $1.6 billion reduction in a major bank holding is a sizable but routine portfolio adjustment by a prominent investor, unlikely to alter market structure or credit conditions materially.
Sources
TheStreet
Warren Buffett's Berkshire makes $1.6 billion move on major bank
Berkshire Hathaway reduced its position in the banking giant in its latest 13F regulatory filing.
TheStreet
Iconic bank stock pays Buffett's Berkshire $619M in annual dividends
The banking giant just raised its payout again, and Berkshire Hathaway is still cashing in.
Yahoo Finance
Iconic bank stock pays Buffett's Berkshire $619M in annual dividends