Warren Buffett Sells $338 Million of BofA Stock as Spree Slows

Warren Buffett’s sales of Bank of America Corp. stock slowed for a third straight round, fetching some of the lowest prices since he began a spree of liquidations in mid-July.

Buffett’s Berkshire Hathaway Inc. reaped $338 million by selling the shares this week, according to a filing Wednesday that disclosed his 13th round of disposals. That’s down from an average of about $750 million per round — generally comprising three days — over the course of the past few months.

The average price fetched on Tuesday and Wednesday was $39.40 — less than what he got on all but ...