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Asset Management One Co. Ltd. Sells 4,727 Shares of Ameriprise Financial, Inc. $AMP
Asset Management One Co. Ltd. reduced its stake in Ameriprise Financial, Inc. by 10.3% in the fourth quarter, selling 4,727 shares and holding 41,357 shares valued at $20.58 million. Other institutional investors like Merit Financial Group and AE Wealth Management also adjusted their positions in the financial services provider. Ameriprise Financial recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.