Nwam LLC Has $2.03 Million Holdings in Bank of America Corporation $BAC

Nwam LLC significantly reduced its stake in Bank of America Corporation, selling 46.3% of its holdings, though it still owns 35,676 shares valued at $2.03 million. Other institutional investors showed mixed activity, with some increasing and others initiating positions in BAC. Bank of America recently increased its quarterly dividend and analysts maintain a "Moderate Buy" rating with an average target price of $64.08, despite some mixed sentiment regarding its future outlook.