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Bank of America Corporation $BAC Shares Purchased by Public Sector Pension Investment Board
Public Sector Pension Investment Board increased its stake in Bank of America Corporation by 10.6% during the third quarter, now owning over 3.5 million shares valued at $185.5 million. Other institutional investors also adjusted their holdings in BAC, with hedge funds and institutions collectively owning 70.71% of the company’s stock. The article also reviews recent analyst ratings, financial performance, and market sentiment impacting Bank of America.