Tiedemann Wealth Management buys $4,437,993 stake in First Trust MLP and Energy Income Fund (FEI)

First Trust MLP and Energy Income Fund (FEI) : Tiedemann Wealth Management scooped up 279,493 additional shares in First Trust MLP and Energy Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 279,823 shares of First Trust MLP and Energy Income Fund which is valued at $4,437,993.First Trust MLP and Energy Income Fund makes up approximately 3.78% of Tiedemann Wealth Management’s portfolio.

Other Hedge Funds, Including , Nuveen Fund Advisors added FEI to its portfolio by purchasing 47,489 company shares during the most recent quarter which is valued at $753,176. First Trust MLP and Energy Income Fund makes up approx 0.11% of Nuveen Fund Advisors’s portfolio. Baird Financial Group added FEI to its portfolio by purchasing 25,951 company shares during the most recent quarter which is valued at $411,583.Raymond James Associates boosted its stake in FEI in the latest quarter, The investment management firm added 11,974 additional shares and now holds a total of 152,317 shares of First Trust MLP and Energy Income Fund which is valued at $2,415,748. First Trust MLP and Energy Income Fund makes up approx 0.01% of Raymond James Associates’s portfolio.Cetera Advisors boosted its stake in FEI in the latest quarter, The investment management firm added 7,258 additional shares and now holds a total of 24,266 shares of First Trust MLP and Energy Income Fund which is valued at $384,859. First Trust MLP and Energy Income Fund makes up approx 0.03% of Cetera Advisors’s portfolio.Umb Bank N Amo boosted its stake in FEI in the latest quarter, The investment management firm added 22,653 additional shares and now holds a total of 1,024,512 shares of First Trust MLP and Energy Income Fund which is valued at $16,248,760. First Trust MLP and Energy Income Fund makes up approx 0.67% of Umb Bank N Amo’s portfolio.

First Trust MLP and Energy Income 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 common shareholders. The Fund will seek to provide its common shareholders with a vehicle to invest in a portfolio of cash-generating securities with a focus on investing in publicly traded master limited partnerships (MLPs) and MLP-related entities in the energy sector and energy utilities industries. The Fund invests in industries such as Pipelines Electric Power Propane Coal Natural Gas Utility Marine Transportation and Gathering and Processing. The Fund’s investment advisor is First Trust Advisors L.P.

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