Cornerstone Investment Partners LLC decreased its position in shares of LPL Financial Holdings Inc. ( NASDAQ:LPLA – Free Report ) by 6.5% in the first quarter, HoldingsChannel reports. The firm owned 171,070 shares of the financial services provider's stock after selling 11,902 shares during the quarter. LPL Financial accounts for approximately 2.3% of Cornerstone Investment Partners LLC's investment portfolio, making the stock its 28th largest holding. Cornerstone Investment Partners LLC's holdings in LPL Financial were worth $34,625,000 at the end of the most recent quarter.

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