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PROSPECTUS SUPPLEMENT
(To Prospectus dated March 15, 2011)
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REGISTRATION NO. 333-31226
Filed Pursuant to Rule 424(b)(3)
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1,000,000,000 Depositary Receipts
Broadband HOLDRS (SM) Trust
This prospectus supplement supplements information contained in the prospectus dated March 15, 2011 relating to the sale of up to 1,000,000,000 depositary receipts by the Broadband HOLDRS Trust.
The share amounts specified in the table in the “Highlights of Broadband HOLDRS” section of the base prospectus shall be replaced with the following:
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Name of Company(1)
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Ticker
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Share Amounts
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Primary Trading Market
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Alcatel-Lucent
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ALU
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5.6608
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NYSE
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Applied Micro Circuits Corporation
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AMCC
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0.5000
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NASDAQ GS
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Broadcom Corporation
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BRCM
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3.0000
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NASDAQ GS
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Ciena Corporation
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CIEN
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0.2857
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NASDAQ GS
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Corning Incorporated
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GLW
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9.0000
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NYSE
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JDS Uniphase Corporation
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JDSU
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1.4750
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NASDAQ GS
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LSI Corporation
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LSI
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1.7247
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NYSE
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Mindspeed Technologies, Inc.
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MSPD
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0.1333
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NASDAQ GM
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Motorola Solutions, Inc.
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MSI
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2.5714
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NYSE
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Motorola Mobility Holdings, Inc.
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MMI
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2.2500
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NYSE
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PMC-Sierra, Inc.
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PMCS
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1.0000
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NASDAQ GS
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QUALCOMM Incorporated
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QCOM
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16.0000
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NASDAQ GS
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RF Micro Devices, Inc.
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RFMD
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2.0000
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NASDAQ GS
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Skyworks Solutions, Inc.
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SWKS
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0.7020
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NASDAQ GS
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Sycamore Networks, Inc.
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SCMR
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0.3000
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NASDAQ GS
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Tellabs, Inc.
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TLAB
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4.0000
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NASDAQ GS
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_________________
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(1)
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On April 19, 2011, the acquisition of Conexant Systems, Inc. by Gold Holdings, Inc. became effective. As a result, Conexant Systems, Inc. will no longer be an underlying constituent of the Broadband HOLDRS Trust. Gold Holdings, Inc. will not be added as an underlying constituent of the Broadband HOLDRS Trust. In connection with the acquisition, Conexant Systems, Inc. shareholders will receive $2.40 in cash for each share of Conexant Systems, Inc. The Bank of New York Mellon will receive $0.48 for the 0.2 shares of Conexant Systems, Inc. per 100 share round-lot of Broadband HOLDRS. The Bank of New York Mellon will distribute cash at a rate of $0.0048 per depositary share of Broadband HOLDRS. The record date for the distribution is May 2, 2011 and the payable date is May 4, 2011. Additionally, $0.48 will be required per 100 share round-lot of Broadband HOLDRS for creations/cancellations through May 2, 2011.
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The share amounts listed in the table above reflect all previous stock splits, dividends and business combination transactions.
The date of this prospectus supplement is April 26, 2011.