SCHEDULE: Bank of America Discloses NETSTREIT Stake

Bank of America Corp. has filed a Schedule 13G, reporting a 3.5% beneficial ownership of NETSTREIT Corp. common stock as of June 30, 2026.

Summary

• Bank of America Corp. (DE) has filed an amended Schedule 13G, reporting its beneficial ownership of NETSTREIT Corp. common stock.
• As of June 30, 2026, Bank of America Corp. beneficially owned 3,522,933 shares of NETSTREIT Corp. common stock.
• This represents 3.5% of the class of securities outstanding.
• The filing indicates shared voting power for 3,520,245 shares and shared dispositive power for 3,522,933 shares.
• Sole voting and dispositive power for all categories is reported as 0.00 shares.
• The filing is made on behalf of Bank of America Corp. and its wholly owned subsidiaries, including BofA Securities, Inc., Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it primarily reports a passive ownership stake without significant strategic implications or new developments.

Positives

• Bank of America Corp. maintains a passive investment stake, indicating no immediate intent to influence control.
• The filing provides clear disclosure of ownership percentages, aiding transparency for investors.

Negatives

• The filing does not indicate any new strategic initiatives or positive developments related to the ownership stake.
• The passive nature of the holding suggests no active management or strategic input from Bank of America.

Risks

• Potential for future changes in Bank of America's investment strategy could lead to significant share sales, impacting NETSTREIT's stock price.
• Market volatility could affect the value of Bank of America's holdings.

Future Outlook

The filing itself does not contain forward-looking statements or specific future guidance from Bank of America regarding its stake in NETSTREIT Corp. It is a report of current beneficial ownership.

Management Comments

• "The beneficial ownership calculation relies on the 101,526,575 outstanding shares disclosed in the Form 10-Q by the issuer on July 22, 2026, which reports share totals as of June 30, 2026."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and indicate passive ownership. Bank of America's filing confirms its role as a significant, but not controlling, shareholder in NETSTREIT Corp., a real estate investment trust (REIT).

Comparison to Industry Standards

• Institutional ownership in REITs typically ranges from 50% to 90%. A 3.5% stake by a single entity like Bank of America is a notable but not dominant position within the broader institutional investor landscape for REITs.
• Other large institutional investors may hold similar or larger passive stakes in NETSTREIT Corp., which is standard practice for diversified portfolios in the real estate sector.

Stakeholder Impact

• Shareholders: The filing provides transparency on a significant institutional holder, which can influence investor confidence. However, the passive nature of the stake suggests no immediate impact on control or strategy.
• Management of NETSTREIT Corp.: The filing confirms Bank of America's position as a passive investor, meaning no direct influence on corporate governance or strategic decisions is implied by this filing alone.

Next Steps

• Continued monitoring of Bank of America's ownership levels in NETSTREIT Corp. for any significant changes.
• Observation of any future filings that might indicate a change in Bank of America's investment strategy or intent.

Key Dates

Keywords

NETSTREIT Corp., Bank of America, Schedule 13G, Beneficial Ownership, Common Stock, Investment Holding