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Vanguard Group Inc. Sells 77,090 Shares of Diamondback Energy, Inc. $FANG
Vanguard Group Inc. reduced its stake in Diamondback Energy, Inc. by selling 77,090 shares, bringing its total ownership to 23,010,298 shares. Despite this insider selling, institutional investors collectively own 90.01% of the company’s stock. Diamondback Energy reported mixed Q4 earnings, missing analyst estimates but announced an increased quarterly dividend.