Warren Buffett sold a big chunk of Berkshire Hathaway’s stake in Johnson &Johnson late last year — a sale he said was used to fund the purchase of preferred shares and warrants of Goldman Sachs and GE, Bloomberg News notes . But he’s been replenishing his supply of J&J this year. During the second quarter, Berkshire’s stake in J&J rose to 36.9 million shares, up from 32.5 million, Dow Jones Newswires reports . That was the second straight quarterly

increase in the company’s J&J stake, CNBC says . Berkshire also bought 1.2 million shares of Becton Dickinson, a medical supplies company. And the company lowered its holdings of two health insurers, selling 1.1 million shares of UnitedHealth and 1.3 million shares of WellPoint, the parent company for several Blue Cross plans. For more, see Berkshire’s SEC filing from Friday. Photo: Bloomberg News

See more here: 
Buffett Sells Shares in Health Insurers, Buys More J&J