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editor of every economic report: bi luming

buffett's berkshire hathaway has sold more in the past three days.nearly $228.7 million in bank of america stock。

according to a new regulatory filing on tuesday (september 10),berkshire hathaway sold nearly 5.8 million shares of bank of america worth $229 million in the three trading days ending tuesday (september 6, 9 and 10).

it is worth mentioning that the average trading price on tuesday was $39.30 per share, which was one of the lowest prices since he initially sold his stake in bank of america in july.

since buffett began reducing his holdings nearly two months ago,in total, berkshire sold more than 174.7 million shares of bank of america, with a total value of $7.2 billion.berkshire’s holdings of bank of america have now fallen to 858.2 million shares, or 11.1% of outstanding shares, a level that has fallen back to 2018 levels and worth about $33.7 billion based on tuesday’s closing price of $39.28. bank of america’s stake has fallen to berkshire’s third-largest holding, behind apple and american express. before the sell-off, bank of america had been berkshire’s second-largest holding.