Parallel Advisors LLC reduced its position in shares of Bank of America Co. ( NYSE:BAC ) by 4.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,636 shares of the financial services provider's stock after selling 4,981 shares during the period. Parallel Advisors LLC's holdings in Bank of America were worth $3,267,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently modified their holdings of the business.

https://www.dailypolitical.com/2023/04/25/parallel-advisors-llc-trims-stake-in-bank-of-america-co-nysebac.html

#dailypolitical