Warren Buffett’s Berkshire Hathaway Inc.’s may have sold some Apple Inc. shares during the third quarter, but its ownership stake in the technology giant actually increased, as the value of the investment swelled by more than $6 billion.
Apple’s stock AAPL, -0.54% climbed 1.2% Friday to close at a record high for the seventh time this month.
In a 13F filing with the Securities and Exchange Commission late Thursday, Berkshire BRK.B, -0.31% BRK.A, +0.19% disclosed what amounts to a rebalancing of its Apple investment, as the number of shares it owned declined by 750,650 to 248,838,679 shares as of Sept. 30, from 249,589,329 shares as of June 30.
