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Barbara Oil Co. Purchases 40,000 Bank of America Shares

Bank of America logoBank of America
Sig2.22Sen-1.48Env0.00Soc0.00Gov-2.46

Barbara Oil Co. bought 40,000 Bank of America shares worth about $2.28M, while other managers also adjusted holdings. Bank of America reported quarterly EPS of $1.21, beating estimates, and disclosed a $0.32 dividend per share payable Sept. 25. Despite the results, SEC subpoenas involving major prime brokers, including Bank of America, add a regulatory overhang.

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