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Arizona State Retirement System Reduces Wells Fargo Holdings

The Arizona State Retirement System reduced the number of shares of Wells Fargo Bank stock it holds, according to its most recent filing with the Securities and Exchange Commission, the agency that enforces federal securities laws.

Wells Fargo makes up about 0.8 percent of the state retirement portfolio, holding the 23rd largest position.

Holdings in Wells Fargo total about $50.5 million.

Heather van Blokland was a host at KJZZ from 2016 to 2021.