(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.

Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE:BRKb) has sold more shares of Bank of America, the August 1 filing showed. The investment conglomerate has sold over $3.8 billion worth ...

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.

Berkshire Hathaway unloaded more Bank of America stock this week, boosting sales since mid-July to nearly $10 billion as Warren Buffett simplifies part of his conglomerate's vast portfolio.

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 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 ...