Bank of New York Mellon Reduces Stake in Comerica Incorporated
Bank of New York Mellon Corp decreased its holdings in Comerica Incorporated (NYSE: CMA) by 3.7% during the second quarter, as revealed in its latest filing with the Securities & Exchange Commission.
The financial services firm reported owning 1,287,811 shares of Comerica's stock at that time.
"Bank of New York Mellon Corp lessened its stake in shares of Comerica Incorporated by 3.7% during the second quarter."
Key Details
- Reported decrease in Comerica shares held by Bank of New York Mellon Corp.
- Ownership stood at 1,287,811 shares after the reduction.
These changes reflect shifts in institutional investment strategies during the period without altering the core ownership significantly.
Author's Summary
Bank of New York Mellon modestly trimmed its holdings in Comerica Incorporated shares in Q2, reflecting subtle portfolio adjustments.