Washington Trust Advisors Cuts Stake in Visa

Washington Trust Advisors Inc. reduced its stake in Visa (NYSE:V) by selling 6,522 shares during the second quarter, according to a recent 13F filing with the Securities and Exchange Commission.

The institutional investor owned 129,395 shares of the credit-card processor's stock after the sale, making it Visa's 7th biggest position in Washington Trust Advisors Inc.'s holdings, which comprise 3.3% of its portfolio.

As of its most recent filing with the SEC, Washington Trust Advisors Inc.'s holdings in Visa were worth $44,394,000.