BofA Corp (10% owner) executed 19 purchases totaling 19,105 shares for $195,159.61 vs 11 sales totaling 8,938 shares for $90,862.07 in DMB Aug–Sep 2013
Bank of America Corp, as a 10% owner, filed 19 separate purchase transactions totaling 19,105 shares for $195,159.61 alongside 11 sales totaling 8,938 shares for $90,862.07 over two weeks in August and early September 2013. The net result was a 10,167-share increase in holdings (135.0% growth) from 7,533 to 17,700 shares, with prices clustered tightly between $10.06 and $10.24. This high-frequency, mixed buy-sell activity in a municipal bond fund during a narrow price band suggests operational portfolio management rather than a single directional conviction signal. The substantial net accumulation, however, indicates the insider's net allocation to DMB increased meaningfully during this period.