Lafayette Investments Inc. increased its stake in Bank of America Co. ( NYSE:BAC – Get Rating ) by 0.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 61,882 shares of the financial services provider's stock after buying an additional 501 shares during the period. Lafayette Investments Inc.'s holdings in Bank of America were worth $2,050,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.

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