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Energy Transfer LP $ET Stock Position Decreased by M&T Bank Corp
M&T Bank Corp significantly reduced its stake in Energy Transfer LP by 82.2% in the fourth quarter, selling 239,143 shares and now owning 51,898 shares valued at $856,000. Despite this reduction, other institutional investors have increased their positions in the company. Energy Transfer recently announced a quarterly dividend increase to $0.3375 per share, representing a $1.35 annualized dividend.