Kayne Anderson Capital Advisors LP Purchases 83,600 Shares of 1ST TR ENERGY I/SH (NYSE:FIF)

Kayne Anderson Capital Advisors LP lifted its position in shares of 1ST TR ENERGY I/SH (NYSE:FIF) by 119.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 153,600 shares of the investment management company’s stock after purchasing an additional 83,600 shares during the quarter. Kayne Anderson Capital Advisors LP’s holdings in 1ST TR ENERGY I/SH were worth $2,535,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advisor Group Inc. boosted its position in shares of 1ST TR ENERGY I/SH by 2.4% during the second quarter. Advisor Group Inc. now owns 31,485 shares of the investment management company’s stock valued at $502,000 after purchasing an additional 738 shares in the last quarter. LPL Financial LLC boosted its position in shares of 1ST TR ENERGY I/SH by 79.7% during the second quarter. LPL Financial LLC now owns 132,344 shares of the investment management company’s stock valued at $2,110,000 after purchasing an additional 58,681 shares in the last quarter. Moloney Securities Asset Management LLC boosted its position in shares of 1ST TR ENERGY I/SH by 21.9% during the third quarter. Moloney Securities Asset Management LLC now owns 52,200 shares of the investment management company’s stock valued at $862,000 after purchasing an additional 9,380 shares in the last quarter. Armor Investment Advisors LLC boosted its position in shares of 1ST TR ENERGY I/SH by 0.6% during the second quarter. Armor Investment Advisors LLC now owns 150,378 shares of the investment management company’s stock valued at $2,397,000 after purchasing an additional 961 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new stake in shares of 1ST TR ENERGY I/SH during the second quarter valued at approximately $43,000.

Shares of NYSE FIF remained flat at $$15.47 during mid-day trading on Friday. The company had a trading volume of 64,100 shares, compared to its average volume of 55,702. 1ST TR ENERGY I/SH has a one year low of $12.26 and a one year high of $16.58. The stock has a 50 day moving average of $16.05 and a two-hundred day moving average of $15.90.

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, November 4th will be given a dividend of $0.11 per share. The ex-dividend date is Friday, November 1st. This represents a $1.32 annualized dividend and a dividend yield of 8.53%.

1ST TR ENERGY I/SH Profile

First Trust Energy Infrastructure Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy infrastructure sector, including 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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Institutional Ownership by Quarter for 1ST TR ENERGY I/SH (NYSE:FIF)

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