Advisor Group Inc. Has $1.63 Million Stock Holdings in First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF)

Advisor Group Inc. increased its position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,570 shares of the company’s stock after acquiring an additional 815 shares during the quarter. Advisor Group Inc.’s holdings in First Trust Intrmdt Drtn Prfrd & Incm Fd were worth $1,626,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Executive Wealth Management LLC bought a new stake in First Trust Intrmdt Drtn Prfrd & Incm Fd in the fourth quarter valued at about $26,000. Capital Investment Advisory Services LLC bought a new stake in First Trust Intrmdt Drtn Prfrd & Incm Fd in the fourth quarter valued at about $28,000. Financial Architects Inc bought a new stake in First Trust Intrmdt Drtn Prfrd & Incm Fd in the first quarter valued at about $51,000. Joseph P. Lucia & Associates LLC bought a new stake in First Trust Intrmdt Drtn Prfrd & Incm Fd in the first quarter valued at about $135,000. Finally, Farmers National Bank bought a new stake in First Trust Intrmdt Drtn Prfrd & Incm Fd in the first quarter valued at about $72,000.

NYSE FPF traded up $0.13 on Monday, reaching $22.88. The company had a trading volume of 242,112 shares, compared to its average volume of 167,678. The company has a 50 day moving average of $22.33. First Trust Intrmdt Drtn Prfrd & Incm Fd has a 52 week low of $18.15 and a 52 week high of $22.98.

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Tuesday, July 2nd will be issued a $0.142 dividend. The ex-dividend date is Monday, July 1st. This represents a $1.70 dividend on an annualized basis and a yield of 7.45%.

First Trust Intrmdt Drtn Prfrd & Incm Fd Company Profile

First Trust Intermediate Duration Preferred & Income Fund is a closed end fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Stonebridge Advisors, LLC. It invests in fixed income markets. The fund will also invest in below investment-grade securities like junk or high-yield securities.

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Institutional Ownership by Quarter for First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF)

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