Atticus Wealth Management LLC lessened its stake in shares of Bank of America Co. ( NYSE:BAC ) by 25.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 8,811 shares of the financial services provider's stock after selling 3,000 shares during the quarter. Atticus Wealth Management LLC's holdings in Bank of America were worth $252,000 as of its most recent filing with the SEC. A number of other large investors have also added to or reduced their stakes in the stock.

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