Grantham Mayo Van Otterloo & Co. LLC Sells 26,313 Shares of Truist Financial Corporation $TFC

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Grantham Mayo Van Otterloo & Co. LLC reduced its stake in Truist Financial Corporation by 25.8% in the third quarter, selling 26,313 shares. Despite this, other institutional investors increased their holdings in Truist Financial. The company recently announced a quarterly dividend and a $10 billion stock repurchase plan, with analysts giving it a “Moderate Buy” consensus rating.

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