Thomas J. Herzfeld Advisors Inc. boosted its holdings in shares of 1st Tr ENERGY I/SH (NYSE:FIF) by 7.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,172 shares of the investment management company’s stock after buying an additional 4,246 shares during the quarter. Thomas J. Herzfeld Advisors Inc. owned approximately 0.33% of 1st Tr ENERGY I/SH worth $873,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in FIF. Punch & Associates Investment Management Inc. grew its position in 1st Tr ENERGY I/SH by 34.7% during the first quarter. Punch & Associates Investment Management Inc. now owns 292,981 shares of the investment management company’s stock valued at $4,395,000 after buying an additional 75,452 shares during the period. LPL Financial LLC grew its position in 1st Tr ENERGY I/SH by 77.8% during the first quarter. LPL Financial LLC now owns 71,352 shares of the investment management company’s stock valued at $1,070,000 after buying an additional 31,223 shares during the period. AdvisorNet Financial Inc bought a new stake in 1st Tr ENERGY I/SH during the first quarter valued at approximately $416,000. Doliver Capital Advisors LP bought a new stake in 1st Tr ENERGY I/SH during the first quarter valued at approximately $358,000. Finally, UBS Group AG grew its position in 1st Tr ENERGY I/SH by 11.6% during the first quarter. UBS Group AG now owns 183,489 shares of the investment management company’s stock valued at $2,752,000 after buying an additional 19,128 shares during the period.
Shares of 1st Tr ENERGY I/SH opened at $16.46 on Friday, according to MarketBeat.com. 1st Tr ENERGY I/SH has a 12-month low of $14.57 and a 12-month high of $19.23.
The firm also recently announced a jul 18 dividend, which will be paid on Monday, July 16th. Investors of record on Tuesday, July 3rd will be given a dividend of $0.11 per share. The ex-dividend date is Monday, July 2nd. This represents a yield of 8.22%.
About 1st Tr ENERGY I/SH
First Trust Energy Infrastructure Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions paid to shareholders. The Fund invests primarily in securities of companies engaged in the energy infrastructure sector, including publicly-traded master limited partnerships (MLPs) and limited liability companies taxed as partnerships, MLP affiliates, yield corporations (YieldCos), pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets, such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas and power generation industries.
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