1ST TR SR FR 20/COM (NYSE:FIV) Shares Acquired by Bank of America Corp DE

Bank of America Corp DE lifted its stake in shares of 1ST TR SR FR 20/COM (NYSE:FIV) by 3.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 595,214 shares of the company’s stock after purchasing an additional 21,328 shares during the quarter. Bank of America Corp DE’s holdings in 1ST TR SR FR 20/COM were worth $5,297,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC increased its position in 1ST TR SR FR 20/COM by 57.6% in the 1st quarter. Advisory Services Network LLC now owns 32,000 shares of the company’s stock valued at $280,000 after acquiring an additional 11,700 shares during the period. Boston Private Wealth LLC acquired a new stake in 1ST TR SR FR 20/COM in the 2nd quarter valued at approximately $223,000. Intl Fcstone Inc. increased its position in 1ST TR SR FR 20/COM by 6.7% in the 2nd quarter. Intl Fcstone Inc. now owns 28,715 shares of the company’s stock valued at $256,000 after acquiring an additional 1,800 shares during the period. Steward Partners Investment Advisory LLC increased its position in 1ST TR SR FR 20/COM by 27.2% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 171,025 shares of the company’s stock valued at $1,522,000 after acquiring an additional 36,602 shares during the period. Finally, Narwhal Capital Management bought a new position in 1ST TR SR FR 20/COM during the second quarter worth $149,000.

Shares of NYSE FIV traded up $0.03 during midday trading on Monday, hitting $8.79. The company’s stock had a trading volume of 400 shares, compared to its average volume of 87,060. The stock has a fifty day moving average price of $8.88 and a 200 day moving average price of $8.89. 1ST TR SR FR 20/COM has a one year low of $8.23 and a one year high of $9.18.

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Wednesday, October 2nd will be paid a $0.03 dividend. The ex-dividend date is Tuesday, October 1st. This represents a $0.36 dividend on an annualized basis and a yield of 4.10%.

1ST TR SR FR 20/COM Profile

First Trust Senior Floating Rate 2022 Target Term Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in fixed income markets across the globe. It invests in senior loan of any maturity to create its portfolio. The fund employs bottom-up fundamental analysis to make its investments.

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Institutional Ownership by Quarter for 1ST TR SR FR 20/COM (NYSE:FIV)

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