Wells Fargo Utilities and High Incm Fund (NYSEAMERICAN:ERH) Shares Pass Above 200-Day Moving Average of $0.00

Wells Fargo Utilities and High Incm Fund (NYSEAMERICAN:ERH)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $13.34. Wells Fargo Utilities and High Incm Fund shares last traded at $13.27, with a volume of 5,833 shares traded.

A hedge fund recently bought a new stake in Wells Fargo Utilities and High Incm Fund stock. Cetera Advisors LLC bought a new position in Wells Fargo Utilities and High Incm Fund (NYSEAMERICAN:ERH) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 19,000 shares of the company’s stock, valued at approximately $246,000.

About Wells Fargo Utilities and High Incm Fund (NYSEAMERICAN:ERH)

Wells Fargo Advantage Utilities and High Income Fund is a closed-ended balanced mutual fund launched and managed by Wells Fargo Funds Management LLC. It is sub advised by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity and fixed income markets of the United States.

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