Sit Investment Associates Inc. Has $2.50 Million Stake in Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (MIE)

Sit Investment Associates Inc. cut its stake in Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (NYSE:MIE) by 69.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 243,656 shares of the company’s stock after selling 549,682 shares during the quarter. Sit Investment Associates Inc. owned about 0.91% of Cohen & Strs MLP Inc & Ergy Oprty Fd worth $2,497,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MIE. NINE MASTS CAPITAL Ltd purchased a new position in shares of Cohen & Strs MLP Inc & Ergy Oprty Fd in the 2nd quarter valued at $110,000. BerganKDV Wealth Management LLC purchased a new position in shares of Cohen & Strs MLP Inc & Ergy Oprty Fd in the 3rd quarter valued at $326,000. Doliver Capital Advisors LP increased its holdings in shares of Cohen & Strs MLP Inc & Ergy Oprty Fd by 6.5% in the 2nd quarter. Doliver Capital Advisors LP now owns 48,089 shares of the company’s stock valued at $522,000 after acquiring an additional 2,933 shares during the period. BB&T Securities LLC increased its holdings in shares of Cohen & Strs MLP Inc & Ergy Oprty Fd by 14.5% in the 3rd quarter. BB&T Securities LLC now owns 70,523 shares of the company’s stock valued at $735,000 after acquiring an additional 8,925 shares during the period. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of Cohen & Strs MLP Inc & Ergy Oprty Fd by 42.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 77,481 shares of the company’s stock valued at $808,000 after acquiring an additional 23,081 shares during the period.

Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (NYSE:MIE) opened at $11.12 on Friday. Cohen & Strs MLP Inc & Ergy Oprty Fd Inc has a fifty-two week low of $8.87 and a fifty-two week high of $11.96.

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th will be issued a $0.077 dividend. The ex-dividend date is Tuesday, February 13th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.31%.

In other news, Director Bonnie Cohen sold 3,500 shares of Cohen & Strs MLP Inc & Ergy Oprty Fd stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $10.04, for a total value of $35,140.00. The sale was disclosed in a filing with the SEC, which is available through this link.

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About Cohen & Strs MLP Inc & Ergy Oprty Fd

Cohen & Steers MLP Income and Energy Opportunity Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide attractive total return, consisted of high current income and price appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in energy-related master limited partnerships (MLPs) and companies that are involved in the exploration, production, gathering, transportation, processing, storage, refining, distribution or marketing of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or other energy sources (related companies).

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

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