Bank of America Sells $30 Billion Worth of Apple Shares
Bank of America Corp DE reduced its holdings in Apple Inc (AAPL) shares by 2.3% in the first quarter, according to a recent SEC filing.
The company sold 2,883,820 shares during this period, bringing its total ownership to 120,727,964 shares.
This change makes Apple the second-biggest position in Bank of America Corp DE's holdings, accounting for approximately 2.2% of the fund's portfolio.