Van Eck Associates Corp reduced its holdings in Standard Lithium Ltd. by 15.2% during the second quarter.

The firm sold 2,846,967 shares according to a recent Securities and Exchange Commission filing.

Van Eck still maintains a position of 15,935,383 shares in the company.

This remaining stake represents approximately 6.47% of Standard Lithium.

The disclosure provides the market with new information regarding the institutional stake reduction.