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M&T Bank Corp Has $9.01 Million Position in Devon Energy Corporation $DVN
M&T Bank Corp significantly increased its stake in Devon Energy Corporation (NYSE:DVN), raising its holdings by 1,243.2% to 245,868 shares valued at over $9 million. This move comes as other institutional investors have also adjusted their positions in the energy company. Devon Energy recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.