Bank of America Corp DE established a new position in Viavi Solutions Inc. during the second quarter.
A Form 13F filing disclosed the investment on September 18, 2026.
The financial institution purchased 2,825,602 shares of the communications equipment provider.
The total position is valued at approximately $134.9 million.
This acquisition grants Bank of America a 1.21% ownership stake in the company.
Other institutional investors have also recently adjusted their positions in Viavi.
Major institutional entries often signal market confidence in a company's future prospects.