Vontobel Holding Ltd. bought a new stake in iShares US Utilities ETF (NYSEARCA:IDU) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,500 shares of the company’s stock, valued at approximately $597,000.
Other institutional investors have also recently bought and sold shares of the company. Front Row Advisors LLC grew its position in shares of iShares US Utilities ETF by 100.0% in the fourth quarter. Front Row Advisors LLC now owns 320 shares of the company’s stock valued at $25,000 after purchasing an additional 160 shares during the last quarter. Sugarloaf Wealth Management LLC acquired a new stake in iShares US Utilities ETF during the first quarter worth approximately $26,000. Corbenic Partners LLC acquired a new stake in iShares US Utilities ETF during the first quarter worth approximately $30,000. Arkadios Wealth Advisors grew its position in iShares US Utilities ETF by 94.4% during the fourth quarter. Arkadios Wealth Advisors now owns 418 shares of the company’s stock worth $32,000 after buying an additional 203 shares in the last quarter. Finally, Rockbridge Investment Management LCC grew its position in iShares US Utilities ETF by 82.4% during the fourth quarter. Rockbridge Investment Management LCC now owns 414 shares of the company’s stock worth $32,000 after buying an additional 187 shares in the last quarter.
Shares of NYSEARCA:IDU opened at $81.30 on Friday. iShares US Utilities ETF has a 1 year low of $67.97 and a 1 year high of $84.14. The business’s 50 day moving average is $81.42.
iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market.
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