Oppenheimer & Co. Inc. grew its position in shares of CUSHING RENAISS/COM (NYSE:SZC) by 2.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 106,235 shares of the investment management company’s stock after acquiring an additional 2,078 shares during the period. Oppenheimer & Co. Inc.’s holdings in CUSHING RENAISS/COM were worth $1,795,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of SZC. Raymond James Financial Services Advisors Inc. lifted its position in CUSHING RENAISS/COM by 54.6% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 41,793 shares of the investment management company’s stock valued at $561,000 after acquiring an additional 14,765 shares in the last quarter. Joel Isaacson & Co. LLC bought a new position in shares of CUSHING RENAISS/COM during the 4th quarter valued at $215,000. Finally, Raymond James Trust N.A. lifted its holdings in shares of CUSHING RENAISS/COM by 5.3% during the 4th quarter. Raymond James Trust N.A. now owns 23,850 shares of the investment management company’s stock valued at $320,000 after buying an additional 1,200 shares during the period.
Shares of NYSE SZC traded down $0.08 during midday trading on Wednesday, hitting $15.66. 27,600 shares of the stock traded hands, compared to its average volume of 27,138. CUSHING RENAISS/COM has a one year low of $12.61 and a one year high of $19.95.
The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be issued a dividend of $0.1367 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $1.64 annualized dividend and a dividend yield of 10.48%.
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CUSHING RENAISS/COM Profile
The Cushing Renaissance Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies.
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