Principal Securities Inc. bought a new stake in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund bought 4,135 shares of the company’s stock, valued at approximately $336,000.
Other large investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its stake in shares of American Electric Power by 14.4% during the 3rd quarter. Wellington Management Group LLP now owns 28,591,562 shares of the company’s stock valued at $2,150,657,000 after acquiring an additional 3,589,451 shares during the last quarter. Invesco Ltd. grew its holdings in American Electric Power by 13.7% in the third quarter. Invesco Ltd. now owns 9,798,204 shares of the company’s stock valued at $737,021,000 after purchasing an additional 1,181,706 shares during the period. ANTIPODES…
