Farther Finance Advisors LLC purchased 31,933 shares of Dominion Energy, increasing its position by 62.9%. The firm now holds 82,684 shares, valued at approximately $5.0 million.
Dominion Energy is also pursuing several strategic initiatives. Its proposed $67 billion merger with NextEra Energy is navigating regulatory processes.
The company plans to build the Zeus transmission line to support a new data center in Virginia, where electricity demand is growing.