Coal may be out of favor, but one fund’s latest move reveals why the story isn’t as simple as it looks.Seattle-based wealth advisory Progeny 3 disclosed a reduction of 3 million shares in Peabody Energy Corporation (BTU +0.03%), trimming its stake by an estimated $28.5 million as of September 30, per SEC filings.What HappenedAn SEC filing published November 14, shows Progeny 3 sold 3 million shares of Peabody Energy Corporation (BTU +0.03%) over the previous quarter. The position decreased in value by an es ...