BlackRock trimmed its stake in Ardmore Shipping, according to a regulatory filing.
The money manager, with some $5.7trn under management, lowered its stake in Ardmore to 3.9%, amounting to just under 1.3 million shares.
Earlier this year, BlackRock disclosed its first investment in Ardmore taking in just over 1.8 million shares amounting to 5.56% of the company.
The move comes as shares in the Anthony Gurnee-led company put up some of the best performance of the year.
