Diamondback Energy, Inc. $FANG Shares Sold by National Pension Service

National Pension Service reduced its stake in Diamondback Energy (NASDAQ:FANG) by 1.7%, selling 5,250 shares but still retaining a significant holding valued at approximately $53.9 million. This occurred as other institutional investors adjusted their positions, and a company director also sold shares. Diamondback Energy recently reported stronger-than-expected quarterly earnings and declared a $1.10 quarterly dividend.