Thomas J. Herzfeld Advisors Inc. Trims Position in Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (NYSE:MIE)

Thomas J. Herzfeld Advisors Inc. cut its stake in Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (NYSE:MIE) by 16.9% in the first quarter, Holdings Channel reports. The fund owned 48,447 shares of the company’s stock after selling 9,866 shares during the quarter. Thomas J. Herzfeld Advisors Inc.’s holdings in Cohen & Strs MLP Inc & Ergy Oprty Fd were worth $456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. City of London Investment Management Co. Ltd. lifted its position in Cohen & Strs MLP Inc & Ergy Oprty Fd by 2.6% in the first quarter. City of London Investment Management Co. Ltd. now owns 1,005,773 shares of the company’s stock valued at $9,449,000 after acquiring an additional 25,158 shares during the last quarter. Ellis Investment Partners LLC purchased a new stake in Cohen & Strs MLP Inc & Ergy Oprty Fd in the first quarter valued at $155,000. Raymond James & Associates lifted its position in Cohen & Strs MLP Inc & Ergy Oprty Fd by 28.7% in the first quarter. Raymond James & Associates now owns 146,433 shares of the company’s stock valued at $1,378,000 after acquiring an additional 32,649 shares during the last quarter. BB&T Securities LLC lifted its position in Cohen & Strs MLP Inc & Ergy Oprty Fd by 4.2% in the fourth quarter. BB&T Securities LLC now owns 79,031 shares of the company’s stock valued at $592,000 after acquiring an additional 3,159 shares during the last quarter. Finally, Advisor Group Inc. raised its holdings in shares of Cohen & Strs MLP Inc & Ergy Oprty Fd by 4.1% in the first quarter. Advisor Group Inc. now owns 30,123 shares of the company’s stock valued at $284,000 after buying an additional 1,200 shares during the last quarter.

Shares of NYSE:MIE traded down $0.05 on Friday, reaching $9.49. The company’s stock had a trading volume of 800 shares, compared to its average volume of 130,370. Cohen & Strs MLP Inc & Ergy Oprty Fd Inc has a 52-week low of $6.90 and a 52-week high of $11.24.

The firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Wednesday, August 21st will be issued a $0.077 dividend. The ex-dividend date of this dividend is Tuesday, August 20th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 9.74%.

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About Cohen & Strs MLP Inc & Ergy Oprty Fd

Cohen & Steers MLP Income and Energy Opportunity Fund, Inc is a balanced closed-ended fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity and fixed income markets of the United States. The fund primarily seeks to to invest in master limited partnerships and securities issue by companies engaged in energy sector.

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Want to see what other hedge funds are holding MIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (NYSE:MIE).

Institutional Ownership by Quarter for Cohen & Strs MLP Inc & Ergy Oprty Fd (NYSE:MIE)

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