First Trust Intrmdt Drtn Prfrd & Incm Fd (FPF) Stake Increased by IFC Holdings Incorporated FL

IFC Holdings Incorporated FL grew its holdings in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF) by 8.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 118,272 shares of the company’s stock after acquiring an additional 9,621 shares during the period. IFC Holdings Incorporated FL owned about 0.19% of First Trust Intrmdt Drtn Prfrd & Incm Fd worth $2,922,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Carnick & Kubik Group LLC grew its stake in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 15.9% during the third quarter. Carnick & Kubik Group LLC now owns 16,763 shares of the company’s stock valued at $414,000 after acquiring an additional 2,300 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 271.2% during the second quarter. Cetera Investment Advisers now owns 38,098 shares of the company’s stock valued at $948,000 after acquiring an additional 27,835 shares in the last quarter. Intellectus Partners LLC grew its stake in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 1.8% during the second quarter. Intellectus Partners LLC now owns 7,915 shares of the company’s stock valued at $196,000 after acquiring an additional 140 shares in the last quarter. Stifel Financial Corp grew its stake in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 18.6% during the second quarter. Stifel Financial Corp now owns 27,560 shares of the company’s stock valued at $684,000 after acquiring an additional 4,326 shares in the last quarter. Finally, Advisor Group Inc. grew its stake in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 10.3% during the second quarter. Advisor Group Inc. now owns 14,736 shares of the company’s stock valued at $366,000 after acquiring an additional 1,373 shares in the last quarter.

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Shares of First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE FPF) traded up 0.507% during mid-day trading on Monday, hitting $24.775. The stock had a trading volume of 35,705 shares. The stock has a 50-day moving average price of $24.60 and a 200 day moving average price of $24.39. First Trust Intrmdt Drtn Prfrd & Incm Fd has a 52 week low of $20.67 and a 52 week high of $24.95.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Thursday, November 2nd will be given a dividend of $0.1525 per share. This represents a $1.83 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date is Wednesday, November 1st.

First Trust Intrmdt Drtn Prfrd & Incm Fd Company Profile

First Trust Intermediate Duration Preferred & Income Fund (the Fund) is a non-diversified closed-end management investment company. The primary investment objective of the Fund is to seek a high level of current income. The Fund has a secondary objective of capital appreciation. The Fund has investments in various industry sectors, such as banks; insurance; electric utilities; food products; capital markets; diversified telecommunication services; diversified financial services; wireless telecommunication services; consumer finance; oil, gas and consumable fuels; energy equipment and services; diversified financial services; independent power producers and renewable electricity producers; equity real estate investment trusts; metals and mining; multi-utilities; industrial conglomerates; transportation infrastructure; telecommunication services, and Internet software and services.

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

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