Bragg Financial Advisors increased its position in UGI by adding 207,861 shares in the fourth quarter, with an estimated transaction value of $7.36 million based on average prices. The fund now holds 1,316,362 shares of UGI valued at $49.27 million. The quarter-end position value rose by $12.40 million due to increased holdings and share price movement. UGI Corporation is a diversified energy distributor with revenue of $7.34 billion and a net income of $600 million. The company operates in propane, natural gas, and electricity distribution, serving customers in the US and internationally.
In its latest SEC filing, Bragg Financial Advisors disclosed a buy of 207,861 shares of UGI, valued at $7.36 million based on quarterly average pricing. The fund now holds 1,316,362 shares of UGI worth $49.27 million. UGI Corporation operates in energy distribution, serving customers in the US and internationally with a focus on propane, natural gas, and electricity. The company reported $7.34 billion in revenue and $600 million in net income. Post-trade, Bragg Financial Advisors’ position in UGI increased by $12.40 million due to share price movement.
Read more at Nasdaq: This Utilities Stock Is Up 23% Over the Past Year and One Fund Is Betting $49 Million on Sustained Growth
