Independence Bank of Kentucky trimmed its position in General Dynamics Co. ( NYSE:GD – Get Rating ) by 0.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 6,650 shares of the aerospace company's stock after selling 54 shares during the period. Independence Bank of Kentucky's holdings in General Dynamics were worth $1,518,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.

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