Yes. No coincidence. Both are occult religions. And the Smith family were known occultists.
From “Occultic and Masonic Influence in Early Mormonsim”, Joel B. Groat:
http://mit.irr.org/occultic-and-masonic-influence-in-early-mormonism
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MORMONISM AND MASONRY
“Masonry’s influence on Mormonism and Joseph Smith has been noted by a number of historians. Some of the areas impacted by Masonic lore and ritual include the Book of Mormon, Joseph’s personal life, and the LDS temple ceremony.
Masonic Themes Related to the Book of Mormon. John L. Brooke in his book The Refiner’s Fire: The Making of Mormon Cosmology, 1644-1844, noted the following in reference to the story of the discovery of the gold plates and the narrative structure of the Book of Mormon:
Freemasonry provides a point of entry into this very complex story. As it had been in Vermont, Masonic fraternity was a dominant feature of the cultural landscape in Joseph Smith’s Ontario County .... The dense network of lodges and chapters helps explain the Masonic symbolism that runs through the story of the discovery of the Golden Plates. . .. . .Smith’s stories of his discoveries got more elaborate with time, and in June 1829 he promised Oliver Cowdery, David Whitmer and Martin Harris that they would see not only the plates but other marvelous artifacts: the Urim and Thummim attached to a priestly breastplate, the ‘sword of Laban,’ and ‘miraculous directors.’
... Smith’s sources for these Masonic symbols were close at hand. Most obviously, Oliver Cowdery would have been a source, given that his father and brother were Royal Arch initiates; one Palmyra resident remembered Oliver Cowdery as ‘no church member and a Mason.’ ... A comment by Lucy Mack Smith in her manuscript written in the 1840s, protesting that the family did not abandon all household labor to try ‘to win the faculty of Abrac, drawing magic circles, or sooth-saying,’ suggests a familiarity with Masonic manuals: the ‘faculty of Abrac’ was among the supposed Masonic mysteries (Refiner’s Fire, Cambridge University Press, 1994, pp. 157-158) . . .
Joseph’s Personal Involvement in Freemasonry. Mormon Apostle John A. Widtsoe stated:
Many of the Saints were Masons, such as Joseph’s brother Hyrum, Heber C. Kimball, Elijah Fordham, Newel K. Whitney, James Adams, and John C. Bennett .... With the acquiescence of the Prophet, members of the Church already Masons petitioned the Grand Master of Illinois for permission to set up a lodge in Nauvoo .... it was March 15, 1842, before authority was given to set up a lodge in Nauvoo and to induct new members. Joseph Smith became a member (Evidences and Reconciliations, 1 volume, pp. 357-358).
Joseph Smith admitted to being a Mason in his History of the Church, volume 4, page 551. Under the date of March 15, 1842 it reads: “In the evening I received the first degree in Free Masonry in the Nauvoo Lodge, assembled in my general business office.” The record for the next day reads, “I was with the Masonic Lodge and rose to the sublime degree” (page 552 . .” . . .”
Forgot the extra references:
Resources
The following resources contain a more extensive treatment of Joseph Smith’s magical and occultic practices and worldview:
John L. Brooke, The Refiner’s Fire: The Making of Mormon Cosmology, 1644-1844, Cambridge University Press, NY, 1994, 421 pages. This non-Mormon author is an associate professor in the Department of History at Tufts University.
Grant H. Palmer, An Insider’s View of Mormon Origins, (Signature Books, SLC, 2002, 281 pages). Palmer is an LDS seminary teacher and three-time director of LDS Institutes of Religion in California and Utah.
D. Michael Quinn, Early Mormonism and the Magic World View, Signature Books, SLC, revised and enlarged edition 1998, 646 pages. This work is comprehensive and thoroughly documented. The author is a former BYU professor and one of the most respected historians of Mormonism.
Jerald and Sandra Tanner, Mormonism, Magic and Masonry, Utah Lighthouse Ministry, SLC, 1983, 97 pages. This former Mormon husband and wife research/publishing team are well-known for their carefully documented critiques of Mormonism.