Nexus Investment Management Inc increased its stake by 34.83% in Enbridge Inc (ENB), according to 2018Q4 SEC form. The company’s stock rose 8.38% with the market as Nexus Investment Management Inc bought 143,620 shares. The natural gas distribution company at the end of 2018Q4 was valued at $17.28 million. It’s up from 412,388 at the end of the previous reported quarter. Now it had 556,008 shares held by the institutional investor . Nexus Investment Management Inc has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.
For more Enbridge Inc. (NYSE:ENB) news posted briefly go to: Fool.ca, Fool.ca, Fool.com, Seekingalpha.com or Fool.com. The titles are as follows: “TFSA Investors: 3 Dividend Stocks Paying More Than 6% – The Motley Fool Canada” posted on March 18, 2019, “3 Incredible Cash Cows for Income Investors – The Motley Fool Canada” on March 03, 2019, “Better Buy: Enbridge vs. Magellan Midstream Partners – The Motley Fool” with a publish date: March 15, 2019, “Enbridge: Continuing The Growth Story – Seeking Alpha” and the last “Why Hawaiian Holdings, Okta, and Enbridge Slumped Today – The Motley Fool” with publication date: March 04, 2019.
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