Clifford Swan Investment Counsel LLC cut its stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,412 shares of the technology company’s stock after selling 3,173 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in International Business Machines were worth $9,428,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Winnow Wealth LLC bought a new position in shares of International Business Machines during the 2nd quarter worth $27,000. …