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Warren Buffett's Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) has sold shares worth $228.7M in Bank of America (NYSE:BAC), the Omaha, Nebraska-based investment conglomerate disclosed in a filing late Tuesday.

Berkshire Hathaway sold Bank of America stock in nine straight trading sessions to close the month of August and into the start of September, resuming a sell-off that started in July when the bank's stock hit a two-year high.

Warren Buffett made a small gift of stock to one or two individuals in an unusual move for the Berkshire Hathaway CEO. The Berkshire Hathaway CEO gave a total of 20 shares ofthe company’s class B stock,

Warren Buffett has wowed us all for quite some time with his smart stock picks and market-beating portfolio. As chairman, he's led Berkshire Hathaway to a more than 19% compounded annual gain over 58 years -- that's compared to a 10% such increase for the S&P 500 over that time period.