Doliver Capital Advisors LP purchased a new position in shares of First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 18,521 shares of the investment management company’s stock, valued at approximately $247,000.

Several other institutional investors and hedge funds have also bought and sold shares of FCT. Janney Montgomery Scott LLC bought a new stake in shares of First Trust Senior Fltng Rate Incm Fd II during the second quarter worth approximately $146,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust Senior Fltng Rate Incm Fd II by 0.6% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 11,014 shares of the investment management company’s stock worth $147,000 after buying an additional 67 shares during the last quarter. Shaker Financial Services LLC bought a new stake in shares of First Trust Senior Fltng Rate Incm Fd II during the second quarter worth approximately $153,000. Ameriprise Financial Inc. raised its stake in shares of First Trust Senior Fltng Rate Incm Fd II by 13.7% during the second quarter. Ameriprise Financial Inc. now owns 12,475 shares of the investment management company’s stock worth $166,000 after buying an additional 1,506 shares during the last quarter. Finally, Citigroup Inc. raised its stake in shares of First Trust Senior Fltng Rate Incm Fd II by 121.2% during the second quarter. Citigroup Inc. now owns 27,783 shares of the investment management company’s stock worth $370,000 after buying an additional 15,221 shares during the last quarter.

First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) traded down 0.07% during midday trading on Friday, hitting $13.49. 109,403 shares of the company were exchanged. First Trust Senior Fltng Rate Incm Fd II has a one year low of $13.07 and a one year high of $14.01. The firm’s 50-day moving average price is $13.32 and its 200-day moving average price is $13.51.

The firm also recently announced a monthly dividend, which will be paid on Monday, October 16th. Investors of record on Tuesday, October 3rd will be given a dividend of $0.0663 per share. The ex-dividend date of this dividend is Monday, October 2nd. This represents a $0.80 annualized dividend and a yield of 5.90%.

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About First Trust Senior Fltng Rate Incm Fd II

First Trust Senior Floating Rate Income Fund II is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. As a secondary objective, the Fund attempts to preserve capital. The Fund pursues these objectives by investing primarily in a portfolio of senior floating rate loan interests (Senior Loans).

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Institutional Ownership by Quarter for First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT)

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