Fund Buys $7.9 Million in NextEra Energy Stock as Clean Power Growth, Yield Attract Investors

On Wednesday, Gilman Hill Asset Management disclosed a new purchase of NextEra Energy (NYSE:NEE), acquiring 108,630 shares for an estimated $7.9 million based on average prices in the third quarter.An SEC filing released on Wednesday shows Gilman Hill Asset Management purchased 108,630 shares of NextEra Energy during the third quarter. The estimated transaction value is $7.9 million based on the average closing price for the quarter. Following the transactions, the fund's total holdings in the company increased to 118,996 shares valued at $9 million as of quarter-end.The fund's NEE position at quarter-end represents 1.4% of its $638.7 million reportable U.S. equity assets under management.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool