Bank of New York Mellon Corp Reduces Holding in Comerica Incorporated
Bank of New York Mellon Corp [finance:Bank of New York Mellon Corporation] trimmed its position in Comerica Incorporated [finance:Comerica Incorporated] by approximately 3.7% in the second quarter, based on the latest filing with the U.S. Securities and Exchange Commission.
Following the sale, the institution held about 1,287,811 shares of the financial services company, representing an investment valued at nearly $76.82 million. The adjustment reflects a modest rebalancing within its diversified portfolio during the reported period.
According to the filing, the decrease in holdings aligns with standard portfolio management actions and does not indicate major strategic shifts.
Summary
The fund slightly reduced its Comerica holdings to $76.82 million, signaling routine portfolio management rather than a significant policy change.
Author's resume: Bank of New York Mellon fine-tuned its Comerica stake in Q2 2025, reflecting standard investment adjustments valued at $76.82 million.
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