Warren Buffett’s Berkshire Hathaway sold off another 1.375 million of its Moody’s shares in the past three trading days, leaving it with an 11.1 per cent stake in the parent of credit rating agency Moody’s Investors Service.
Berkshire sold the shares in several transactions on Thursday, Friday and Monday, yielding a total of US$ 84.5 million and leaving it with about 25.3 million shares, according to a regulatory filing.