Financial institution of America sells $977 in Nuveen Municipal Credit score Revenue Fund shares

Financial institution of America Corp. (NYSE:BAC) not too long ago disclosed a transaction involving the sale of shares within the Nuveen Municipal Credit score Revenue Fund (NYSE:NZF), a $2.52 billion market cap fund presently buying and selling close to its 52-week excessive of $13.24. The monetary establishment reported promoting 75 shares at a mean worth of $13.032 per share, totaling roughly $977. This transaction was executed on December 3, 2024.

Moreover, Financial institution of America acquired 75 shares at a mean worth of $13.015 per share on the identical day, totaling $976. After these transactions, the agency reported holding no shares of the Nuveen Municipal Credit score Revenue Fund. These transactions have been filed collectively by Financial institution of America and its wholly-owned subsidiary, Merrill Lynch, Pierce, Fenner & Smith Inc.

The submitting additionally included footnotes indicating that the reporting entities are analyzing extra buying and selling exercise and will file one other report as soon as the evaluation is full. For deeper insights into NZF’s efficiency metrics and monetary well being evaluation, buyers can entry extra unique information by way of InvestingPro.

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