Warren Buffett's Berkshire Hathaway continues to trim its stake in Moody's with another reported sale. This latest reduction, however, is relatively small compared to recent days.
A filing with the SEC tonight (Tuesday) shows that Berkshire sold 87,992 shares on Friday, December 18 for an average price of $26.7682. Total raised by the sale: under $2.4 million.
Berkshire has sold a total of almost 6.3 million Moody's shares on six days so far this month, raising $160.2 million.
It now holds just under 13.5 percent of the credit rating agency's outstanding shares, and remains its biggest shareholder.
Here's the updated table showing all the reported sales this year: