Fintel reports that on November 8, 2024, Citigroup upgraded their outlook for Bank of America Corporation - Preferred Security (NYSE:BAC.PRQ) from Neutral to Buy.
What is the Fund Sentiment?
There are 30 funds or institutions reporting positions in Bank of America Corporation - Preferred Security. This is an decrease of 2 owner(s) or 6.25% in the last quarter. Average portfolio weight of all funds dedicated to BAC.PRQ is 0.37%, an increase of 13.43%. Total shares owned by institutions decreased in the last three months by 5.88% to 9,383K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 2,508K shares. In its prior filing, the firm reported owning 2,588K shares , representing a decrease of 3.18%. The firm decreased its portfolio allocation in BAC.PRQ by 4.78% over the last quarter.
PGX - Invesco Preferred ETF holds 2,093K shares. In its prior filing, the firm reported owning 2,147K shares , representing a decrease of 2.59%. The firm increased its portfolio allocation in BAC.PRQ by 0.73% over the last quarter.
CPXAX - Cohen & Steers Preferred Securities & Income Fund, Inc. holds 1,647K shares. No change in the last quarter.
PFFD - Global X U.S. Preferred ETF holds 918K shares. In its prior filing, the firm reported owning 900K shares , representing an increase of 2.06%. The firm increased its portfolio allocation in BAC.PRQ by 4.39% over the last quarter.
FSDIX - Fidelity Strategic Dividend & Income Fund holds 665K shares. No change in the last quarter.
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