Synovus Financial Corp Invests $180,000 in First Trust New Opprtnts MLP & Engy Fd (FPL)

Synovus Financial Corp bought a new position in shares of First Trust New Opprtnts MLP & Engy Fd (NYSE:FPL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,605 shares of the investment management company’s stock, valued at approximately $180,000. Synovus Financial Corp owned about 0.05% of First Trust New Opprtnts MLP & Engy Fd as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Advisors Asset Management Inc. boosted its position in shares of First Trust New Opprtnts MLP & Engy Fd by 15.1% during the second quarter. Advisors Asset Management Inc. now owns 835,459 shares of the investment management company’s stock worth $10,986,000 after acquiring an additional 109,655 shares during the last quarter. BB&T Securities LLC boosted its position in shares of First Trust New Opprtnts MLP & Engy Fd by 161.3% during the second quarter. BB&T Securities LLC now owns 90,088 shares of the investment management company’s stock worth $1,184,000 after acquiring an additional 55,609 shares during the last quarter. IFC Holdings Incorporated FL boosted its position in shares of First Trust New Opprtnts MLP & Engy Fd by 3.2% during the second quarter. IFC Holdings Incorporated FL now owns 76,364 shares of the investment management company’s stock worth $1,005,000 after acquiring an additional 2,368 shares during the last quarter. Nwam LLC bought a new position in shares of First Trust New Opprtnts MLP & Engy Fd during the second quarter worth $322,000. Finally, Ruggie Capital Group bought a new position in shares of First Trust New Opprtnts MLP & Engy Fd during the second quarter worth $224,000.

First Trust New Opprtnts MLP & Engy Fd (NYSE FPL) opened at 12.31 on Monday. The company’s 50 day moving average is $12.55 and its 200-day moving average is $13.05. First Trust New Opprtnts MLP & Engy Fd has a 12 month low of $10.91 and a 12 month high of $14.23.

The business also recently declared a sep 17 dividend, which will be paid on Friday, September 15th. Investors of record on Wednesday, September 6th will be paid a $0.105 dividend. The ex-dividend date is Friday, September 1st. This represents a yield of 10.36%.

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About First Trust New Opprtnts MLP & Engy Fd

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.

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

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