First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF) Holdings Increased by Mathes Company Inc.

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Mathes Company Inc. grew its stake in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF) by 2.2% during the third quarter, Holdings Channel reports. The institutional investor owned 46,200 shares of the company’s stock after acquiring an additional 1,000 shares during the period. Mathes Company Inc.’s holdings in First Trust Intrmdt Drtn Prfrd & Incm Fd were worth $1,092,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in FPF. Capital Bank & Trust Co purchased a new position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd in the second quarter worth approximately $25,000. Ibex Wealth Advisors purchased a new position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd during the 2nd quarter valued at $53,000. Strategic Blueprint LLC purchased a new position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd during the 3rd quarter valued at $58,000. Advisory Services Network LLC lifted its position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 168.9% during the 2nd quarter. Advisory Services Network LLC now owns 2,926 shares of the company’s stock valued at $67,000 after buying an additional 1,838 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd during the 2nd quarter valued at $131,000.

Shares of NYSE FPF traded up $0.04 during trading on Monday, reaching $23.79. 1,640 shares of the stock traded hands, compared to its average volume of 156,354. First Trust Intrmdt Drtn Prfrd & Incm Fd has a 52-week low of $18.15 and a 52-week high of $23.90. The company has a 50-day moving average of $23.46 and a 200-day moving average of $22.80.

The company also recently declared a monthly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Wednesday, October 2nd were given a dividend of $0.132 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.58 dividend on an annualized basis and a dividend yield of 6.66%.

First Trust Intrmdt Drtn Prfrd & Incm Fd 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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Want to see what other hedge funds are holding FPF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF).

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

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