First Trust Portfolios and First Trust Advisors are sitting on 4,283,423 share on behalf of investors, an SEC filing showed.
The stock, equal to a 5.73% slice of Costamare, is worth over $70m based on the last trade of the owner’s shares.
Costamare closed at $16.39 per share in the US Friday, valuing the company at $1.23bn.
On Friday TradeWinds reported that the owner had picked Samsung Heavy Industries for a near $1bn newbuilding order.
