Michael Kelly, head of investments at Christus and a fervent hedge fund convert, calls it a good deal, given BBT's 11-year string of profits (13.6% a year, after fees).
According to the ETF Finder at ETF Channel, BBT makes up 7.22% of the iShares Dow Jones U.S. Regional Banks Index Fund ETF ( AMEX: IAT )which is trading lower by about 0.6% on the day Monday.