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Vanguard is shedding stock holdings like hair flying off a cat getting its temperature taken at the vet’s office. Is this a portent for further market declines? Or is Vanguard in need of cash? Neither reason bodes well.
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11 months ago
The other intriguing thing about Vanguard's actions was that while selling out of the bulk of their positions they also added to their Berkshire holdings. If I read the report right they now have over 300k shares valued at 34bil.