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Deutsche Bank AG Lowers Stake in Barnes Group Inc. (NYSE:B)

Deutsche Bank AG is a multinational investment bank and financial services company headquartered in Frankfurt, Germany. The company operates globally and provides a wide range of financial products and services to individuals, corporations, and governments.

Barnes Group Inc. NYSEB is an industrial products company based in the United States. The company produces a variety of products, including steel, aluminum, and titanium alloys, as well as specialty steels and coatings. Barnes Group operates in several industries, including automotive, aerospace, energy, and construction.

In the 3rd quarter of the year, Deutsche Bank AG cut its stake in shares of Barnes Group Inc. NYSEB by 75.6%. This means that the fund sold 75,561 shares of the company's stock, reducing its ownership from 99,918 shares to 24,357 shares.

It is important to note that this information was disclosed in a report filed with the Securities and Exchange Commission (SEC), which is the primary regulatory body responsible for overseeing the trading of securities in the United States. The report provides details about the transactions made by Deutsche Bank AG during the quarter, including the number of shares sold and the price at which they were sold.

Overall, this information indicates that Deutsche Bank AG has reduced its stake in Barnes Group Inc. NYSEB by a significant amount in the 3rd quarter. However, it is important to note that this decision may have been based on a variety of factors, including changes in the company's financial performance or market conditions.


Published 53 days ago

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