Merit Financial Group’s Reaves Utility Income Fund UTG Stock Holding History

Merit Financial Group’s Portfolio UTG Stock Details UTG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-7,524	Closed	-$213K	–	727
2022 Q4	$213K	Sell	7,524 -2,770	-27%	-$78K	0.01%	613
2022 Q3	$280K	Hold	10,294	–	–	0.01%	456
2022 Q2	$319K	Buy	+10,294	New	+$340K	0.01%	438

Other funds holding UTG

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $85.1B AUM 27.35% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

Commonwealth Equity Services Waltham, Massachusetts $79.5B AUM 27.1% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

PAG

Private Advisor Group Morristown, New Jersey $21.8B AUM 28.57% 1-Year Est. Return

Merit Financial Group's UTG Position: Q1 2023 in Review

Merit Financial Group sold out of Reaves Utility Income Fund (UTG) in Q1 2023, closing a stake of 7,524 shares — an estimated $213K sold.

Merit Financial Group first reported a position in UTG in Q2 2022 and held it in 3 quarters. The position peaked at $319K in Q2 2022. 162 funds tracked by Wall St. Rank hold UTG as of Q1 2023.

Merit Financial Group reported no remaining Reaves Utility Income Fund position as of Q1 2023 after selling out during the quarter.
Merit Financial Group sold 7,524 Reaves Utility Income Fund shares in Q1 2023, an estimated $213K.
Merit Financial Group first reported a position in Reaves Utility Income Fund in Q2 2022 and held it in 3 quarters.
Merit Financial Group's Reaves Utility Income Fund position peaked at $319K in Q2 2022.
162 funds tracked by Wall St. Rank held Reaves Utility Income Fund as of Q1 2023.

Based on Merit Financial Group's 13F filing for Q1 2023, filed 24 Apr 2023.