Stableford Capital II LLC Cuts Alphabet Stake
Stableford Capital II LLC has reduced its position in Alphabet Inc. (NASDAQ:GOOGL) by 11.7% in the second quarter, according to a recent disclosure with the Securities and Exchange Commission. The firm owned 38,154 shares of the information services provider's stock after selling 5,068 shares during the period.
Alphabet accounts for approximately 4.7% of Stableford Capital II LLC's portfolio, making it the company's 4th largest position. Stableford Capital II LLC's holdings in Alphabet were worth $13,635,000 at the end of the most recent quarter.
In related news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50.