Magellan Asset Management Ltd raised its position in PNM Resources, Inc. ( NYSE:PNM – Get Rating ) by 9.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 66,769 shares of the utilities provider's stock after buying an additional 5,821 shares during the period. Magellan Asset Management Ltd owned 0.08% of PNM Resources worth $3,258,000 as of its most recent filing with the SEC. A number of other institutional investors have also recently bought and sold shares of PNM.

https://www.dailypolitical.com/2023/06/06/magellan-asset-management-ltd-acquires-5821-shares-of-pnm-resources-inc-nysepnm.html

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