First Trust New Opprtnts MLP & Engy Fd (FPL) Insider John K. Tysseland Acquires 1,000 Shares

First Trust New Opprtnts MLP & Engy Fd (NYSE:FPL) insider John K. Tysseland bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The shares were acquired at an average cost of $11.44 per share, for a total transaction of $11,440.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

First Trust New Opprtnts MLP & Engy Fd (NYSE FPL) opened at $11.72 on Tuesday. First Trust New Opprtnts MLP & Engy Fd has a 1-year low of $10.93 and a 1-year high of $14.23.

The company also recently disclosed a dec 17 dividend, which will be paid on Friday, December 15th. Shareholders of record on Monday, December 4th will be issued a $0.105 dividend. This represents a yield of 11.05%. The ex-dividend date of this dividend is Friday, December 1st.

Hedge funds and other institutional investors have recently modified their holdings of the business. Sit Investment Associates Inc. grew its holdings in First Trust New Opprtnts MLP & Engy Fd by 680.8% in the 3rd quarter. Sit Investment Associates Inc. now owns 137,156 shares of the investment management company’s stock valued at $1,730,000 after buying an additional 119,590 shares in the last quarter. IFC Holdings Incorporated FL grew its holdings in First Trust New Opprtnts MLP & Engy Fd by 3.2% in the 2nd quarter. IFC Holdings Incorporated FL now owns 76,364 shares of the investment management company’s stock valued at $1,005,000 after buying an additional 2,368 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in First Trust New Opprtnts MLP & Engy Fd by 23.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 60,692 shares of the investment management company’s stock valued at $798,000 after buying an additional 11,568 shares in the last quarter. Doliver Capital Advisors LP grew its holdings in First Trust New Opprtnts MLP & Engy Fd by 165.9% in the 3rd quarter. Doliver Capital Advisors LP now owns 66,670 shares of the investment management company’s stock valued at $841,000 after buying an additional 41,598 shares in the last quarter. Finally, BB&T Securities LLC grew its holdings in First Trust New Opprtnts MLP & Engy Fd by 161.3% in the 2nd quarter. BB&T Securities LLC now owns 90,088 shares of the investment management company’s stock valued at $1,184,000 after buying an additional 55,609 shares in the last quarter.

COPYRIGHT VIOLATION WARNING: “First Trust New Opprtnts MLP & Engy Fd (FPL) Insider John K. Tysseland Acquires 1,000 Shares” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2017/12/05/first-trust-new-opprtnts-mlp-engy-fd-fpl-insider-john-k-tysseland-buys-1000-shares.html.

First Trust New Opprtnts MLP & Engy Fd Company Profile

First Trust New Opportunities MLP & Energy Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders. The Fund seeks to provide its common shareholders with a vehicle to invest in a portfolio of cash generating securities, with a focus on investing in master limited partnerships (MLPs) and MLP-related entities in the energy sector and energy utilities industries that are weighted towards non-cyclical, fee-for-service revenues.

Receive News & Ratings for First Trust New Opprtnts MLP & Engy Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust New Opprtnts MLP & Engy Fd and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply