Fintel reports that on October 18, 2024, Phillip Securities upgraded their outlook for Bank of America Corporation – Preferred Stock (NYSE:BAC.PRN) from Neutral to Accumulate.
What is the Fund Sentiment?
There are 20 funds or institutions reporting positions in Bank of America Corporation – Preferred Stock. This is an decrease of 1 owner(s) or 4.76% in the last quarter. Average portfolio weight of all funds dedicated to BAC.PRN is 0.40%, an increase of 14.37%. Total shares owned by institutions decreased in the last three months by 0.69% to 8,186K shares.
What are Other Shareholders Doing?
PFF – iShares Preferred and Income Securities ETF holds 2,518K shares. In its prior filing, the firm reported owning 2,608K shares , representing a decrease of 3.59%. The firm decreased its portfolio allocation in BAC.PRN by 1.31% over the last quarter.
PGX – Invesco Preferred ETF holds 2,175K shares. In its prior filing, the firm reported owning 2,225K shares , representing a decrease of 2.31%. The firm decreased its portfolio allocation in BAC.PRN by 0.17% over the last quarter.
PFFD – Global X U.S. Preferred ETF holds 903K shares. In its prior filing, the firm reported owning 928K shares , representing a decrease of 2.87%. The firm decreased its portfolio allocation in BAC.PRN by 0.65% over the last quarter.
CPXAX – Cohen & Steers Preferred Securities & Income Fund, Inc. holds 757K shares. In its prior filing, the firm reported owning 745K shares , representing an increase of 1.60%. The firm increased its portfolio allocation in BAC.PRN by 3.66% over the last quarter.
PGF – Invesco Financial Preferred ETF holds 604K shares. In its prior filing, the firm reported owning 624K shares , representing a decrease of 3.27%. The firm increased its portfolio allocation in BAC.PRN by 0.07% over the last quarter.
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