First Trust MLP and Energy Income Fund (NYSE:FEI) Stock Price Up 0.9%

First Trust MLP and Energy Income Fund (NYSE:FEI)’s share price rose 0.9% during mid-day trading on Wednesday . The stock traded as high as $10.64 and last traded at $10.64, approximately 3,664 shares traded hands during trading. A decline of 98% from the average daily volume of 168,249 shares. The stock had previously closed at $10.55.

The firm’s fifty day simple moving average is $10.94 and its two-hundred day simple moving average is $11.45.

The firm also recently declared a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were issued a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.30%. The ex-dividend date of this dividend was Friday, November 1st.

Large investors have recently added to or reduced their stakes in the business. Kayne Anderson Capital Advisors LP grew its holdings in shares of First Trust MLP and Energy Income Fund by 184.0% in the third quarter. Kayne Anderson Capital Advisors LP now owns 104,500 shares of the company’s stock valued at $1,198,000 after purchasing an additional 67,700 shares in the last quarter. MBM Wealth Consultants LLC boosted its position in First Trust MLP and Energy Income Fund by 1.2% in the 3rd quarter. MBM Wealth Consultants LLC now owns 176,647 shares of the company’s stock valued at $2,028,000 after buying an additional 2,064 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of First Trust MLP and Energy Income Fund by 3.3% in the third quarter. Janney Montgomery Scott LLC now owns 90,200 shares of the company’s stock worth $1,035,000 after acquiring an additional 2,852 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of First Trust MLP and Energy Income Fund in the third quarter worth $142,000. Finally, Quad Cities Investment Group LLC grew its stake in shares of First Trust MLP and Energy Income Fund by 11.1% in the third quarter. Quad Cities Investment Group LLC now owns 40,918 shares of the company’s stock worth $470,000 after acquiring an additional 4,096 shares in the last quarter.

First Trust MLP and Energy Income Fund Company Profile (NYSE:FEI)

First Trust MLP and Energy Income Fund is a closed-ended balanced 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 and fixed income markets of the United States. The fund seeks to invest in securities of companies operating in the energy and energy utilities sectors.

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