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Pohlad family trusts lower stake in UMB Financial

An investor group made up of trusts related to the Pohlad family disclosed that they had beneficial ownership of 2,470,478 shares, or 4.98%, of Kansas City, Mo.-based UMB Financial Corp.'s common stock, according to a Dec. 20 Schedule 13D.

In a previous filing dated May 31, 2015, the group disclosed beneficial ownership of 3,470,478 shares, or 7.04%, of the company's common stock.

From Dec. 15 to Dec. 21, the group sold shares at prices between $75.998 and $78.121 per share.