Income Research & Management Buys Wells Fargo, Bank of America Corp
Boston, MA, based Investment company Income Research & Management (Current Portfolio) buys Wells Fargo, Bank of America Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Income Research & Management. As of 2021Q4, Income Research & Management owns 2 stocks with a total value of $4 million. These are the details of the buys and sells.
New Purchases: WFCPL.PFD, BACPL.PFD,
For the details of INCOME RESEARCH & MANAGEMENT's stock buys and sells,
go to https://www.gurufocus.com/guru/income+research+%26+management/current-portfolio/portfolio
These are the top 5 holdings of INCOME RESEARCH & MANAGEMENT
Wells Fargo & Co (WFCpL.PFD) - 1,425 shares, 53.19% of the total portfolio. New Position
Bank of America Corp (BACpL.PFD) - 1,292 shares, 46.81% of the total portfolio. New Position
New Purchase: Wells Fargo & Co (WFCPL.PFD)
Income Research & Management initiated holding in Wells Fargo & Co. The purchase prices were between $1460 and $1529.15, with an estimated average price of $1491.45. The stock is now traded at around $1462.000100. The impact to a portfolio due to this purchase was 53.19%. The holding were 1,425 shares as of 2021-12-31.
New Purchase: Bank of America Corp (BACPL.PFD)
Income Research & Management initiated holding in Bank of America Corp. The purchase prices were between $1415.35 and $1474.47, with an estimated average price of $1440.55. The stock is now traded at around $1429.000000. The impact to a portfolio due to this purchase was 46.81%. The holding were 1,292 shares as of 2021-12-31.
Here is the complete portfolio of INCOME RESEARCH & MANAGEMENT. Also check out:
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2. INCOME RESEARCH & MANAGEMENT's Top Growth Companies, and
3. INCOME RESEARCH & MANAGEMENT's High Yield stocks
4. Stocks that INCOME RESEARCH & MANAGEMENT keeps buyingThis article first appeared on GuruFocus.