First Trust MLP and Energy Income Fund (NYSE:FEI) Trading Up 0.4%

Shares of First Trust MLP and Energy Income Fund (NYSE:FEI) rose 0.4% during trading on Wednesday . The company traded as high as $9.81 and last traded at $9.79. Approximately 57,454 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 123,636 shares. The stock had previously closed at $9.76.

First Trust MLP and Energy Income Fund Trading Down 0.2 %

The company has a 50-day moving average price of $9.35 and a 200-day moving average price of $8.78.

Institutional Investors Weigh In On First Trust MLP and Energy Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in shares of First Trust MLP and Energy Income Fund in the third quarter valued at $49,000. Future Financial Wealth Managment LLC acquired a new stake in First Trust MLP and Energy Income Fund during the 1st quarter valued at $53,000. Blue Bell Private Wealth Management LLC acquired a new stake in First Trust MLP and Energy Income Fund during the 4th quarter valued at $105,000. Sigma Planning Corp acquired a new stake in First Trust MLP and Energy Income Fund during the 4th quarter valued at $107,000. Finally, Register Financial Advisors LLC acquired a new stake in First Trust MLP and Energy Income Fund during the 4th quarter valued at $137,000.

About First Trust MLP and Energy Income Fund

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.