First Trust Spclty Fin & Fncl Opptnts Fd (FGB) Stake Held by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. continued to hold its position in shares of First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,487 shares of the closed-end fund’s stock at the end of the second quarter. Raymond James Financial Services Advisors Inc.’s holdings in First Trust Spclty Fin & Fncl Opptnts Fd were worth $163,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. RFG Advisory Group LLC purchased a new position in First Trust Spclty Fin & Fncl Opptnts Fd during the second quarter worth about $118,000. First Allied Advisory Services Inc. grew its position in First Trust Spclty Fin & Fncl Opptnts Fd by 3.1% during the second quarter. First Allied Advisory Services Inc. now owns 19,869 shares of the closed-end fund’s stock worth $142,000 after buying an additional 601 shares during the period. Royal Bank of Canada grew its position in First Trust Spclty Fin & Fncl Opptnts Fd by 97.5% during the second quarter. Royal Bank of Canada now owns 21,977 shares of the closed-end fund’s stock worth $159,000 after buying an additional 10,850 shares during the period. Advisor Group Inc. grew its position in First Trust Spclty Fin & Fncl Opptnts Fd by 29.9% during the second quarter. Advisor Group Inc. now owns 30,522 shares of the closed-end fund’s stock worth $221,000 after buying an additional 7,023 shares during the period. Finally, Flagship Harbor Advisors LLC grew its position in First Trust Spclty Fin & Fncl Opptnts Fd by 5.2% during the second quarter. Flagship Harbor Advisors LLC now owns 194,695 shares of the closed-end fund’s stock worth $1,395,000 after buying an additional 9,597 shares during the period.

First Trust Spclty Fin & Fncl Opptnts Fd (FGB) opened at $6.50 on Wednesday. First Trust Spclty Fin & Fncl Opptnts Fd has a 1 year low of $6.44 and a 1 year high of $8.43.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 24th will be given a dividend of $0.175 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.70 annualized dividend and a yield of 10.77%.

COPYRIGHT VIOLATION NOTICE: This report was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this report can be accessed at https://sportsperspectives.com/2017/11/15/first-trust-spclty-fin-fncl-opptnts-fd-fgb-stake-held-by-raymond-james-financial-services-advisors-inc.html.

First Trust Spclty Fin & Fncl Opptnts Fd Profile

First Trust Specialty Finance and Financial Opportunities Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. The Fund seeks attractive total return as a secondary objective. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.

Want to see what other hedge funds are holding FGB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB).

Institutional Ownership by Quarter for First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB)

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

Latest News

Leave a Reply