Warren Buffett Dumps More BofA Shares As Stake Nears Key 10% Non-Reporting Level

94-year-old Warren Buffett’s Berkshire Hathaway has been steadily offloading Bank of America shares over the past several months.

The latest data from Bloomberg reveals that Berkshire sold millions more in recent days, bringing its stake closer to the 10% regulatory threshold, after which it will no longer have to report sales.