Cardan Capital Partners Lowers stake in First Trust Energy Infrastructure Fund (FIF)

First Trust Energy Infrastructure Fund (FIF) : Cardan Capital Partners reduced its stake in First Trust Energy Infrastructure Fund by 13.93% during the most recent quarter end. The investment management company now holds a total of 17,017 shares of First Trust Energy Infrastructure Fund which is valued at $299,329 after selling 2,755 shares in First Trust Energy Infrastructure Fund , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.First Trust Energy Infrastructure Fund makes up approximately 0.07% of Cardan Capital Partners’s portfolio.

Other Hedge Funds, Including , Hl Financial Services sold out all of its stake in FIF during the most recent quarter. The investment firm sold 43,859 shares of FIF which is valued $771,480.Financial Architects Inc boosted its stake in FIF in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 721 shares of First Trust Energy Infrastructure Fund which is valued at $12,682. Sigma Planning Corp added FIF to its portfolio by purchasing 11,104 company shares during the most recent quarter which is valued at $200,205. First Trust Energy Infrastructure Fund makes up approx 0.03% of Sigma Planning Corp’s portfolio. Next Financial Group Inc added FIF to its portfolio by purchasing 1,092 company shares during the most recent quarter which is valued at $19,154. First Trust Energy Infrastructure Fund makes up approx 0.01% of Next Financial Group Inc’s portfolio.

First Trust Energy Infrastructure Fund (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions paid to shareholders. The Fund invests primarily in securities of companies engaged in the energy infrastructure sector principally including publicly-traded master limited partnerships (MLPs) and limited liability companies taxed as partnerships (MLPs) MLP affiliates Canadian income equities pipeline companies utilities and other infrastructure-related companies. The Fund invests at least 80% of its managed assets in securities issued by energy infrastructure companies. First Trust Advisors L.P. serves as the Fund’s investment advisor. Energy Income Partners LLC is the Fund’s sub-advisor.

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