BANK OF AMERICA CORP /DE/

Bank of America Corp /DE/ filed 243 Form 4 transactions across 22 companies in the most recent reporting window. The aggregate picture is nearly balanced: open-market buys totaled $1,484,458.55 against open-market sells of $1,451,095.06. That is a buy bias of roughly $33,000, or about 2 percent of total volume. The recent activity, however, tilts the other way. In the last month of filings, there were 12 purchases and 11 sales, but the dollar value of the sells was higher, driven by a cluster of dispositions in the PIMCO Municipal Income Fund II (MUNEX). On August 10, 2026, filers sold MUNEX in four separate transactions totaling $78,478.40, while buying the same fund in four transactions worth $78,287.30. The near-simultaneous buys and sells in identical amounts suggest rebalancing rather than directional conviction. Smaller paired trades appeared in NMZ (Nuveen Municipal High Income Opportunity Fund) and PML (PIMCO Municipal Income Fund II), with values in the tens to hundreds of dollars. A single purchase of $2,857.98 in PMM (Putnam Managed Municipal Income Trust) on July 17 was the largest recent open-market buy outside MUNEX. The pattern across the recent filings is one of small, paired transactions in municipal bond closed-end funds, with no single large accumulation or distribution. The largest recent sell, $59,099.04 in MUNEX on August 10, was matched almost dollar-for-dollar by a purchase of $58,955.13 the same day. The only non-trade entries were two code "J" filings in PNI and PML on August 24 with zero value, which are non-economic adjustments. The data shows no sustained one-way flow in either direction.