From Motley Fool:
Berkshire Hathaway, the conglomerate led by CEO Warren Buffett, just bought another 34 million shares of Bank of America (NYSE:BAC) stock.
Buffett and his team bought the shares for an average price of just under $24 earlier this week, which translates to more than $800 million invested. This brings Berkshire’s stake in Buffett’s largest bank stock holding to 11.3% of the company. Bank of America is Berkshire’s second-largest stock position, with a total market value of $23.9 billion.