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Berkshire Hathaway's new CEO, Greg Abel, more than doubled his stake in department store Macy's in the second quarter.
As of the end of the Q2, Berkshire Hathaway's stake in Macy's was valued at approximately $173 million, representing 0.1% of its vast investment portfolio. Macy's has a dividend yield of 3.3%.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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