Alphabet Stake Reduced by City Holding Co., Other Investors Make Moves
City Holding Co. reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 1.6% during the second quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 94,960 shares of the information services provider's stock after selling 1,522 shares during the period.
City Holding Co.'s holdings in Alphabet were worth $33,935,000 at the end of the most recent reporting period.
The company comprises about 3.8% of City Holding Co.'s holdings, making it its largest position.