Warren Buffett is still on a selling spree. Berkshire Hathaway continues to trim its position of Bank of America, unloading an additional 21 million shares since Sept. 20, according to the conglomerate’s latest filing on Tuesday. Berkshire, which remains the bank’s largest shareholder, has sold about $9 billion worth of the stock since July.
The most recent sales account for roughly $863 million in proceeds and came after the company made disposals of 45.6 million shares earlier last week. Berkshire still owns a 10.5% stake in the bank worth about $33 billion, making it the conglomerate’s third-largest public holding.
