Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has further reduced its stake in Bank of America (BAC) to below 10%. Berkshire has sold a total of 257 million shares in the past thirteen weeks.

Morning Brief hosts Seana Smith and Brad Smith report on the move and discuss some of the reasons influencing the decision.

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This post was written by Melanie Riehl