Institutional Investors Are Dumping Macquarie (NYSE:MFD)

September 16, 2018 - By Margaret Downey

Sentiment for Macquarie (NYSE:MFD)

Macquarie (NYSE:MFD) institutional sentiment decreased to 1 in 2018 Q2. Its down -0.29, from 1.29 in 2018Q1. The ratio dived, as 9 active investment managers started new and increased positions, while 9 trimmed and sold positions in Macquarie. The active investment managers in our partner’s database now own: 432,529 shares, up from 378,792 shares in 2018Q1. Also, the number of active investment managers holding Macquarie in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 7 Increased: 2 New Position: 7.

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. The company has market cap of $93.57 million. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. It currently has negative earnings. The fund invests in public equity markets across the globe.

The stock decreased 1.26% or $0.14 during the last trading session, reaching $10.96. About 23,975 shares traded. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD) has declined 17.90% since September 16, 2017 and is downtrending. It has underperformed by 33.52% the S&P500.

Shaker Financial Services Llc holds 0.07% of its portfolio in Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund for 13,063 shares. Clough Capital Partners L P owns 45,400 shares or 0.04% of their US portfolio. Moreover, Cetera Advisors Llc has 0.03% invested in the company for 43,184 shares. The Illinois-based Wolverine Asset Management Llc has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 37,050 shares.

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