1ST TR ENERGY I/SH (NYSE:FIF) Shares Sold by Sterneck Capital Management LLC

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Sterneck Capital Management LLC trimmed its holdings in 1ST TR ENERGY I/SH (NYSE:FIF) by 17.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,790 shares of the investment management company’s stock after selling 13,670 shares during the period. Sterneck Capital Management LLC’s holdings in 1ST TR ENERGY I/SH were worth $840,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Advisors Asset Management Inc. boosted its position in 1ST TR ENERGY I/SH by 32.6% during the second quarter. Advisors Asset Management Inc. now owns 607,264 shares of the investment management company’s stock valued at $10,014,000 after purchasing an additional 149,297 shares during the last quarter. Morgan Stanley increased its stake in shares of 1ST TR ENERGY I/SH by 7.0% during the third quarter. Morgan Stanley now owns 1,193,365 shares of the investment management company’s stock worth $18,795,000 after purchasing an additional 78,287 shares during the period. Wells Fargo & Company MN increased its stake in shares of 1ST TR ENERGY I/SH by 10.3% during the third quarter. Wells Fargo & Company MN now owns 536,712 shares of the investment management company’s stock worth $8,453,000 after purchasing an additional 50,263 shares during the period. Doliver Capital Advisors LP bought a new position in shares of 1ST TR ENERGY I/SH during the third quarter worth approximately $674,000. Finally, Bank of America Corp DE increased its stake in shares of 1ST TR ENERGY I/SH by 11.2% during the second quarter. Bank of America Corp DE now owns 266,134 shares of the investment management company’s stock worth $4,380,000 after purchasing an additional 26,726 shares during the period.

Shares of NYSE FIF opened at $15.09 on Thursday. 1ST TR ENERGY I/SH has a 1-year low of $12.26 and a 1-year high of $17.30.

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 15th. Shareholders of record on Monday, February 4th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, February 1st. This represents a $1.32 dividend on an annualized basis and a yield of 8.75%.

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1ST TR ENERGY I/SH Company 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.

See Also: 12b-1 Fees

Institutional Ownership by Quarter for 1ST TR ENERGY I/SH (NYSE:FIF)

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