5 Best Low Cost Stocks To Buy Under $75

2. Bank of America Corporation (NYSE:BAC)

Share Price as of January 27: $33.50

Number of Hedge Fund Holders: 88

Bank of America Corporation (NYSE:BAC) is a major American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina, at the Bank of America Corporate Center. Catering to a diverse clientele ranging from individual consumers to large corporations and governments worldwide, the bank offers a quarterly dividend of $0.24 per share, equating to a dividend yield of 2.87% as of January 27.

As of the end of Q3 2023, Insider Monkey’s database indicated that 88 out of the 910 hedge funds tracked had investments in Bank of America Corporation (NYSE:BAC). Notably, Warren Buffett’s Berkshire Hathaway held the largest stake in the company, with a $28.2 billion investment.