Cambridge Investment Research Advisors Inc. Purchases 3,475 Shares of 1ST TR ENERGY I/SH (NYSE:FIF)

Cambridge Investment Research Advisors Inc. boosted its stake in shares of 1ST TR ENERGY I/SH (NYSE:FIF) by 6.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,722 shares of the investment management company’s stock after buying an additional 3,475 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in 1ST TR ENERGY I/SH were worth $931,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FIF. Next Capital Management LLC bought a new stake in 1ST TR ENERGY I/SH during the fourth quarter worth approximately $32,000. Kayne Anderson Capital Advisors LP bought a new stake in 1ST TR ENERGY I/SH during the first quarter worth approximately $158,000. Oppenheimer & Co. Inc. boosted its position in 1ST TR ENERGY I/SH by 4.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 27,008 shares of the investment management company’s stock worth $350,000 after purchasing an additional 1,163 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in 1ST TR ENERGY I/SH by 5.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 30,243 shares of the investment management company’s stock worth $392,000 after purchasing an additional 1,563 shares during the period. Finally, Millennium Management LLC bought a new stake in 1ST TR ENERGY I/SH during the fourth quarter worth approximately $393,000.

Shares of FIF traded up $0.13 during mid-day trading on Friday, hitting $15.94. The company’s stock had a trading volume of 51,111 shares, compared to its average volume of 55,255. 1ST TR ENERGY I/SH has a one year low of $12.26 and a one year high of $16.89. The business has a 50-day moving average of $15.78.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Tuesday, July 2nd will be given a $0.11 dividend. The ex-dividend date is Monday, July 1st. This represents a $1.32 annualized dividend and a dividend yield of 8.28%.

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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