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Bank of America Corp (BAC) Stake Raised by Captrust Financial Advisors

The Cerbat Gem

Captrust Financial Advisors grew its holdings in shares of Bank of America Corp (NYSE:BAC) by 15.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 354,346 shares of the financial services provider’s stock after buying an additional 48,342 shares during the period. Bank of America accounts for about 0.6% of Captrust Financial Advisors’ investment portfolio, making the stock its 29th biggest holding. Captrust Financial Advisors’ holdings in Bank of America were worth $9,989,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also added to or reduced