WINTON GROUP Ltd Invests $1.17 Million in Bank of America Corporation $BAC

WINTON GROUP Ltd acquired a new stake of 20,575 shares in Bank of America Corporation (NYSE:BAC) during the second quarter, valued at approximately $1.17 million. This comes as Bank of America reported strong quarterly results, exceeding analyst estimates with EPS of $1.21 and revenue of $31.56 billion, alongside a dividend increase. Analysts maintain a "Moderate Buy" rating for BAC, despite warnings from BofA strategists about potential market volatility due to rising Treasury yields.