Bank of America Reduces Holding in Enterprise Products Partners

Bank of America Corp DE cut its stake in oil and gas producer Enterprise Products Partners L.P. by 7.5% in the first quarter, selling 950,280 shares. After the sale the bank owned 11,778,570 shares, representing 0.54% of the company and valued at about $445.7 million.

Perceptive Advisors LLC lowered its position in biotechnology firm ADMA Biologics Inc. by 47.1% during the same quarter, disposing of 416,235 shares. The hedge fund now holds 467,233 shares, roughly 0.20% of ADMA Biologics, worth approximately $4.2 million.