Glassman Wealth Services Lowers stake in First Trust Energy Infrastructure Fund (FIF)

First Trust Energy Infrastructure Fund (FIF) : Glassman Wealth Services reduced its stake in First Trust Energy Infrastructure Fund by 3.6% during the most recent quarter end. The investment management company now holds a total of 27,127 shares of First Trust Energy Infrastructure Fund which is valued at $480,148 after selling 1,012 shares in First Trust Energy Infrastructure Fund , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.First Trust Energy Infrastructure Fund makes up approximately 0.40% of Glassman Wealth Services’s portfolio.

Other Hedge Funds, Including , Raymond James Financial Services Advisors reduced its stake in FIF by selling 2,250 shares or 7.21% in the most recent quarter. The Hedge Fund company now holds 28,972 shares of FIF which is valued at $512,804.Sii Investments Incwi boosted its stake in FIF in the latest quarter, The investment management firm added 2,475 additional shares and now holds a total of 27,395 shares of First Trust Energy Infrastructure Fund which is valued at $474,755. First Trust Energy Infrastructure Fund makes up approx 0.04% of Sii Investments Incwi’s portfolio. Tfs Capital sold out all of its stake in FIF during the most recent quarter. The investment firm sold 15,462 shares of FIF which is valued $267,956.

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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