07:25 AM EDT, 09/11/2024 (MT Newswires) -- Berkshire Hathaway (BRK.A) generated $229 million over three days of selling Bank of America ( BAC ) shares this month, a regulatory filing late Tuesday showed.
The average price of shares sold on Tuesday was $39.30, which is among the lowest reported since the company started shrinking its stake in mid-July, Bloomberg News reported late Tuesday.
Warren Buffett's conglomerate still holds more than 11% of the bank's stock, worth about $33.7 billion, the report said.