Institutional investors cut Tesla stake, boost Charles Schwab holding

Y. D. More Investments Ltd reduced its position in Tesla Inc. by 33.9% in the first quarter, selling 3,291 shares and ending the period with 6,417 shares valued at about $2.35 million.

In a separate filing, Fifth Third Bancorp increased its stake in The Charles Schwab Corporation by 238.8% during the first quarter, buying 337,999 shares to hold 479,557 shares worth roughly $45.1 million. Both filings were disclosed in recent Form 13F reports to the U.S. Securities and Exchange Commission.