Doliver Capital Advisors LP Acquires 99,534 Shares of First Trust New Opprtnts MLP & Engy Fd (FPL)

Doliver Capital Advisors LP boosted its holdings in shares of First Trust New Opprtnts MLP & Engy Fd (NYSE:FPL) by 215.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 145,775 shares of the investment management company’s stock after buying an additional 99,534 shares during the quarter. First Trust New Opprtnts MLP & Engy Fd makes up about 0.6% of Doliver Capital Advisors LP’s investment portfolio, making the stock its 16th largest holding. Doliver Capital Advisors LP owned approximately 0.59% of First Trust New Opprtnts MLP & Engy Fd worth $1,401,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC bought a new stake in First Trust New Opprtnts MLP & Engy Fd during the third quarter valued at approximately $106,000. Wedbush Securities Inc. bought a new stake in First Trust New Opprtnts MLP & Engy Fd during the second quarter valued at approximately $127,000. Ruggie Capital Group bought a new stake in First Trust New Opprtnts MLP & Engy Fd during the second quarter valued at approximately $176,000. ACG Wealth bought a new stake in First Trust New Opprtnts MLP & Engy Fd during the second quarter valued at approximately $199,000. Finally, LLBH Private Wealth Management LLC bought a new stake in First Trust New Opprtnts MLP & Engy Fd during the second quarter valued at approximately $260,000.

In other news, insider James Murchie purchased 10,000 shares of the company’s stock in a transaction on Wednesday, September 26th. The stock was acquired at an average cost of $9.40 per share, for a total transaction of $94,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of NYSE FPL opened at $8.53 on Monday. First Trust New Opprtnts MLP & Engy Fd has a 12-month low of $8.47 and a 12-month high of $13.49.

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 15th. Investors of record on Friday, November 2nd will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, November 1st. This represents a $0.90 annualized dividend and a yield of 10.55%.

First Trust New Opprtnts MLP & Engy Fd Profile

First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors.

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Institutional Ownership by Quarter for First Trust New Opprtnts MLP & Engy Fd (NYSE:FPL)

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