U.S. Markets open in 3 hrs 25 mins

Interpreting Recent Institutional Activity in AES Corporation

Vincent Kruger
Interpreting Recent Institutional Activity in AES Corporation

AES Corporation (AES), one of the smallest constituents of the Utilities ETF (XLU), has gained more than 40% so far this year. The Vanguard Group continued to add to its existing stake in AES in Q3. It bought net 4.7 million shares of AES in Q3 and raised its stake to 12.4% as of September 30. In the second quarter, The Vanguard Group bought net 6.8 million shares of AES.