Warren Buffet Dumps $982 Million More In Bank Of America Shares

Warren Buffett’s Berkshire Hathaway has sold a whopping $982 million dollars’ worth of Bank Of America shares in the past few days, as the Billionaire continues to sell of his stake in the second largest bank in the nation.
That means Berkshire has now sold about $5 and a half billion dollars worth of the banks shares since the middle of July – According to a regulatory filing.
Buffett started investing in the Bank of America back in 2011, with a $5billion purchase of preferred stock.
Shares of Bank of America have fallen 4.8% over the last month.
Berkshire is still the bank’s largest shareholder with 903.8 million shares worth about $35 billion dollars.