Berkshire reports lower stakes in 2 railroads

NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N)(BRKb.N), which has accumulated a 17.2 percent stake in Burlington Northern Santa Fe Corp (BNI.N), reported on Monday it reduced stakes in two other railroads -- Norfolk Southern Corp (NSC.N) and Union Pacific Corp (UNP.N).

In a regulatory filing, Berkshire reported a stake of 3.76 million shares in Norfolk Southern as of June 30, down from 6.36 million shares on March 31.

It also reported a stake of 7.41 million shares in Union Pacific as of June 30, down from 10.51 million shares March 31.

(Reporting by Jonathan Stempel, editing by Jeffrey Benkoe)