Joellen Legg Buys Shares of Reaves Utility Income Fund $UTG
Key Points
- Joellen Legg bought 580 shares of Reaves Utility Income Fund ($UTG) worth $24,719.60.
- $UTG last traded around $41.34.
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Joellen Legg, insider at Reaves Utility Income Fund ($UTG), bought 580 shares at an average price of $42.62, for a total transaction of $24,719.60. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Reaves Utility Income Fund Stock Up 9.6%
Shares of Reaves Utility Income Fund ($UTG) traded around $41.34 on Friday, up 9.6% for the day.
Reaves Utility Income Fund Earnings
Reaves Utility Income Fund Dividend
About Reaves Utility Income Fund
Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.