Hixon Zuercher Trims $4.5 Million in Caterpillar Shares After Mixed Q2 Results

Ohio-based Hixon Zuercher disclosed in an SEC filing on Friday that it sold 10,631 shares of Caterpillar (NYSE:CAT)for an estimated $4.5 million in the third quarter.According to a filing with the Securities and Exchange Commission released on Friday, Hixon Zuercher reduced its Caterpillar position by 10,631 shares during the third quarter. The estimated transaction value, based on the average closing price in the period, was approximately $4.5 million. The fund reported holding 10,776 Caterpillar shares worth $5.1 million at the end of the third quarter.This sale reduced the Caterpillar stake to 1.6% of Hixon Zuercher’s reportable U.S. equity portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool