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Vinva Investment Management Ltd Acquires 106,604 Shares of Bank of America Corporation $BAC
Vinva Investment Management Ltd increased its stake in Bank of America (NYSE:BAC) by 21.3%, acquiring an additional 106,604 shares to own a total of 605,931 shares worth $31.76 million, making it their 28th largest position. Bank of America declared a quarterly dividend of $0.28, yielding approximately 2.3%. Meanwhile, company insiders James P. Demare and Thomas M. Scrivener sold shares totaling roughly $6.68 million.