(Reuters) -Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week, a regulatory filing showed.

Berkshire now holds a roughly 12.4% stake in the banking giant worth $39.5 billion based on Monday’s closing price. Bank of America shares were down 1.4% Monday to $41.09.

Despite trimming its stake, Berkshire owns roughly 961.65 million Bank of America shares, valued at about $39.51 billion at Bank of America's closing price Monday of $41.09.

Billionaire investor Warren Buffett’s Berkshire Hathaway has shed $982 million worth of Bank of America shares. AP Bank of America’s stock closed up 0.7% Wednesday and is up 17% for the year.

In a regulatory filing on Wednesday night, Berkshire said it sold 8.55 million Bank of America shares this week for about $337.9 million. Berkshire still owns about 10.2% of the second-largest U.S ...

According to Berkshire's 13-F filing with the Securities and Exchange Commission for the third quarter, the conglomerate sold more than 235 million shares of Bank of America stock.

Warren Buffett’s Berkshire Hathaway BRK-B-N has offloaded more shares in Bank of America BAC-N, its latest filing showed on Tuesday, raking in about $9-billion since July.. The conglomerate said ...

Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) sold another 19.2M shares of Bank of America (BAC) for about $779M in multiple transactions between July 30 and August 1, an SEC ...

Warren Buffett’s Berkshire Hathaway (NYSE: BRKa) has sold an additional $982 million worth of Bank of America (BofA) stock, continuing to reduce its stake in the bank.. Since mid-July, Berkshire ...

Warren Buffett’s Berkshire Hathaway trimmed its Bank of America position in recent days. The famed investor’s company sold almost $1.5 billion of Bank of America stock last week, leaving it ...

Shares of Bank of America were last down 1% in premarket trading. The stock is up around 18% this year, compared with a near 21% gain in the S&P 500 Banks Index (.SPXBK) , opens new tab , which ...