Neville Rodie & Shaw Offloads $4.6 Million in Visa Shares — But Here’s What Investors Should Know About the Stock

New York City-based Neville Rodie & Shaw Inc disclosed a reduction in its stake in Visa(NYSE:V), selling 13,278 of shares its holds with sole discretion in a transaction estimated at approximately $4.6 million during the third quarter, according to a Wednesday filing with the SEC.According to a filing with the Securities and Exchange Commission on Wednesday, Neville Rodie & Shaw Inc. reduced its position in Visa by 13,278 shares during the third quarter. The estimated transaction size was nearly $4.6 million. The fund reported now holding 106,304 shares in Visa under its sole discretion, worth approximately $36 million. The firm also reported holding 1,684 shares under shared discretion, down from 1,922 in the prior quarter.After the transaction, Visa now represents nearly 2% of Neville Rodie & Shaw’s reported assets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool