Richwood Investment Advisors LLC reduced its position in shares of Verizon Communications Inc. ( NYSE:VZ – Get Rating ) by 11.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,951 shares of the cell phone carrier's stock after selling 2,640 shares during the period. Richwood Investment Advisors LLC's holdings in Verizon Communications were worth $786,000 at the end of the most recent quarter. A number of other hedge funds have also recently made changes to their positions in the company.

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