D.A. Davidson & CO. Sells 526 Shares of iShares Dow Jones US Utilities (IDU)

D.A. Davidson & CO. lowered its stake in shares of iShares Dow Jones US Utilities (NYSEARCA:IDU) by 11.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,112 shares of the company’s stock after selling 526 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares Dow Jones US Utilities were worth $524,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Sigma Investment Counselors Inc. boosted its position in iShares Dow Jones US Utilities by 7.8% during the first quarter. Sigma Investment Counselors Inc. now owns 6,485 shares of the company’s stock valued at $826,000 after purchasing an additional 467 shares in the last quarter. Dowling & Yahnke LLC boosted its position in iShares Dow Jones US Utilities by 5.0% during the first quarter. Dowling & Yahnke LLC now owns 16,552 shares of the company’s stock valued at $2,110,000 after purchasing an additional 783 shares in the last quarter. BB&T Securities LLC boosted its position in iShares Dow Jones US Utilities by 32.7% during the fourth quarter. BB&T Securities LLC now owns 5,617 shares of the company’s stock valued at $746,000 after purchasing an additional 1,384 shares in the last quarter. Belpointe Asset Management LLC boosted its position in iShares Dow Jones US Utilities by 27.3% during the fourth quarter. Belpointe Asset Management LLC now owns 12,204 shares of the company’s stock valued at $1,622,000 after purchasing an additional 2,615 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in iShares Dow Jones US Utilities during the fourth quarter valued at about $782,000.

Shares of IDU stock opened at $124.54 on Friday. iShares Dow Jones US Utilities has a 1-year low of $126.24 and a 1-year high of $127.07.

iShares Dow Jones US Utilities Company Profile

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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Institutional Ownership by Quarter for iShares Dow Jones US Utilities (NYSEARCA:IDU)

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