Macquarie/First Trust Global Infrstrctre (NYSE:MFD) Share Price Crosses Below 50 Day Moving Average of $10.20

Macquarie/First Trust Global Infrstrctre (NYSE:MFD)’s stock price crossed 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 changing hands.

The firm has a 50 day moving average price of $10.21 and a two-hundred day moving average price of $10.14.

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Monday, November 25th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.01%. The ex-dividend date of this dividend was Friday, November 22nd.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Old Port Advisors increased its stake in shares of Macquarie/First Trust Global Infrstrctre by 3.0% during the third quarter. Old Port Advisors now owns 305,502 shares of the financial services provider’s stock worth $3,003,000 after purchasing an additional 8,812 shares in the last quarter. Morgan Stanley increased its stake in Macquarie/First Trust Global Infrstrctre by 13.7% during the second quarter. Morgan Stanley now owns 181,695 shares of the financial services provider’s stock worth $1,886,000 after purchasing an additional 21,901 shares during the period. Mid Atlantic Financial Management Inc. ADV increased its stake in Macquarie/First Trust Global Infrstrctre by 16.9% during the second quarter. Mid Atlantic Financial Management Inc. ADV now owns 63,000 shares of the financial services provider’s stock worth $654,000 after purchasing an additional 9,100 shares during the period. Susquehanna International Group LLP lifted its position in shares of Macquarie/First Trust Global Infrstrctre by 181.6% during the second quarter. Susquehanna International Group LLP now owns 28,879 shares of the financial services provider’s stock worth $300,000 after purchasing an additional 18,625 shares in the last quarter. Finally, Doliver Advisors LP lifted its position in shares of Macquarie/First Trust Global Infrstrctre by 103.8% during the third quarter. Doliver Advisors LP now owns 28,538 shares of the financial services provider’s stock worth $283,000 after purchasing an additional 14,536 shares in the last quarter.

Macquarie/First Trust Global Infrstrctre Company Profile (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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