DAVENPORT & Co LLC cut its stake in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,113 shares of the company’s stock after selling 2,126 shares during the period. DAVENPORT & Co LLC’s holdings in American Electric Power were worth $4,882,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FSC Wealth Advisors LLC lifted its holdings in American Electric Power by 222.0% during the 3rd quarter. FSC Wealth Advisors LLC now owns 351 shares of the company’s stock worth $26,000 after buying an additional 242 shares during the last quarter. Fairfield Bush & CO. purchased a new stake in American Electric Power during the 2nd…
