Warren Buffett's Berkshire Hathaway increased its stakes in U.S. Bancorp (USB) and Bank of New York Mellon (BK) during the second quarter.
The conglomerate disclosed in a regulatory filing that it bought roughly 840,000 shares of U.S. Bancorp's stock, raising its stake in the Minneapolis company to 4.3%. Berkshire Hathaway also bought about 9,000 shares in Bank of New York Mellon, boosting its stake to 2.2%.
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