RMB Capital Management LLC Has $1.64 Million Stake in 1ST TR ENERGY I/SH (FIF)

RMB Capital Management LLC lifted its holdings in shares of 1ST TR ENERGY I/SH (NYSE:FIF) by 896.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 126,536 shares of the investment management company’s stock after buying an additional 113,836 shares during the period. RMB Capital Management LLC’s holdings in 1ST TR ENERGY I/SH were worth $1,640,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FIF. Next Capital Management LLC bought a new position in shares of 1ST TR ENERGY I/SH in the fourth quarter valued at $32,000. Moloney Securities Asset Management LLC bought a new position in shares of 1ST TR ENERGY I/SH in the fourth quarter valued at $432,000. Advisor Group Inc. increased its holdings in shares of 1ST TR ENERGY I/SH by 8.0% in the fourth quarter. Advisor Group Inc. now owns 31,487 shares of the investment management company’s stock valued at $408,000 after buying an additional 2,325 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of 1ST TR ENERGY I/SH by 5.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 30,243 shares of the investment management company’s stock valued at $392,000 after buying an additional 1,563 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in shares of 1ST TR ENERGY I/SH by 97.9% in the fourth quarter. Raymond James & Associates now owns 98,648 shares of the investment management company’s stock valued at $1,278,000 after buying an additional 48,806 shares in the last quarter.

NYSE FIF opened at $15.66 on Friday. 1ST TR ENERGY I/SH has a 1 year low of $12.26 and a 1 year high of $16.89.

The business also recently declared a monthly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were issued a $0.11 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.32 annualized dividend and a dividend yield of 8.43%.

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About 1ST TR ENERGY I/SH

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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