Bank of New York Mellon Corp Reduces Stake in Comerica Incorporated
Bank of New York Mellon Corp decreased its holdings in Comerica Incorporated (NYSE: CMA) by 3.7% during the second quarter, as reported in its latest filing with the Securities & Exchange Commission.
The company owned 1,287,811 shares of Comerica's stock at that time.
"Bank of New York Mellon Corp lessened its stake in shares of Comerica Incorporated by 3.7% during the second quarter."
Comerica is a prominent financial services provider, and changes in its major shareholders' stakes can signal shifts in market confidence or strategy.
Summary
Bank of New York Mellon Corp slightly reduced its Comerica stock position to 1,287,811 shares, reflecting a strategic portfolio adjustment in Q2.
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