Macquarie/First Trust Global Infrstrctre (NYSE:MFD) Shares Cross Below 50 Day Moving Average of $10.20

Macquarie/First Trust Global Infrstrctre (NYSE:MFD) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $10.20 and traded as low as $10.01. Macquarie/First Trust Global Infrstrctre shares last traded at $10.01, with a volume of 323 shares.

The stock’s fifty day moving average is $10.20 and its two-hundred day moving average is $10.15.

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 25th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.00 annualized dividend and a yield of 9.98%.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. UMA Financial Services Inc. bought a new stake in Macquarie/First Trust Global Infrstrctre in the third quarter worth about $228,000. Doliver Advisors LP boosted its stake in Macquarie/First Trust Global Infrstrctre by 103.8% in the third quarter. Doliver Advisors LP now owns 28,538 shares of the financial services provider’s stock valued at $283,000 after acquiring an additional 14,536 shares during the last quarter. Old Port Advisors grew its position in shares of Macquarie/First Trust Global Infrstrctre by 3.0% during the 3rd quarter. Old Port Advisors now owns 305,502 shares of the financial services provider’s stock valued at $3,003,000 after acquiring an additional 8,812 shares during the period. HM Payson & Co. bought a new position in shares of Macquarie/First Trust Global Infrstrctre during the 2nd quarter valued at approximately $104,000. Finally, Ladenburg Thalmann Financial Services Inc. grew its position in shares of Macquarie/First Trust Global Infrstrctre by 60.4% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 14,415 shares of the financial services provider’s stock valued at $150,000 after acquiring an additional 5,427 shares during the period.

About Macquarie/First Trust Global Infrstrctre (NYSE:MFD)

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe.

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