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Eastern Bank Sells Portion of Alphabet Holdings

Guavy AI Editorial Team
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GOOGL
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Eastern Bank has significantly reduced its holdings in Alphabet Inc., selling 16,926 shares during the second quarter. The fund now owns 749,066 shares of Alphabet's stock, which accounts for 4.1% of its total holdings.

The value of Eastern Bank's holdings in Alphabet is approximately $267.69 million as of the most recent SEC filing. This represents a decrease from previous quarters and suggests that the bank may be reevaluating its investment strategy.

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