Baldwin Investment Management LLC lowered its stake in shares of BlackRock, Inc. (NYSE:BLK) by 1.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,100 shares of the asset manager’s stock after selling 40 shares during the quarter. BlackRock comprises about 0.6% of Baldwin Investment Management LLC’s holdings, making the stock its 23rd largest position. Baldwin Investment Management LLC’s holdings in BlackRock were worth $1,924,000 as of its most recent filing with the Securities & Exchange Commission.