Xylem Inc. $XYL Shares Sold by Gabelli Funds LLC

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Gabelli Funds LLC reduced its stake in Xylem Inc. (NYSE:XYL) by 1.8% in the third quarter, selling 8,220 shares. Despite this, other institutional investors increased their holdings. Xylem recently declared a quarterly dividend increase and announced a $1.50 billion share buyback program.

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