Shell Asset Management Co. Sells 55,733 Shares of Exxon Mobil Corporation $XOM

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Shell Asset Management Co. reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 74.4% in the third quarter, selling 55,733 shares and leaving them with 19,176 shares valued at $2.16 million. Other hedge funds also adjusted their positions, and insider VP Darrin L. Talley sold 3,230 shares worth over $481,000. Exxon Mobil recently declared a quarterly dividend of $1.03 per share, bringing its annualized dividend to $4.12 with a 2.8% yield.

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