IFC Holdings Incorporated FL boosted its position in First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF) by 4.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,651 shares of the company’s stock after buying an additional 4,763 shares during the period. IFC Holdings Incorporated FL’s holdings in First Trust Intrmdt Drtn Prfrd & Incm Fd were worth $2,701,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Sigma Planning Corp raised its position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 4.3% in the second quarter. Sigma Planning Corp now owns 10,859 shares of the company’s stock worth $269,000 after buying an additional 446 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 6.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 14,600 shares of the company’s stock worth $362,000 after buying an additional 907 shares in the last quarter. Stratos Wealth Partners LTD. raised its position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 4.4% in the second quarter. Stratos Wealth Partners LTD. now owns 25,598 shares of the company’s stock worth $635,000 after buying an additional 1,081 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 13.2% in the second quarter. Janney Montgomery Scott LLC now owns 12,142 shares of the company’s stock worth $301,000 after buying an additional 1,414 shares in the last quarter. Finally, National Planning Corp raised its position in shares of First Trust Intrmdt Drtn Prfrd & Incm Fd by 6.6% in the second quarter. National Planning Corp now owns 29,396 shares of the company’s stock worth $725,000 after buying an additional 1,818 shares in the last quarter.

First Trust Intrmdt Drtn Prfrd & Incm Fd (FPF) opened at 24.12 on Friday. First Trust Intrmdt Drtn Prfrd & Incm Fd has a one year low of $20.67 and a one year high of $24.95. The firm has a 50-day moving average of $24.63 and a 200-day moving average of $23.88.

The company also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Thursday, August 3rd will be paid a $0.1525 dividend. The ex-dividend date is Tuesday, August 1st. This represents a $1.83 dividend on an annualized basis and a yield of 7.59%.

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About First Trust Intrmdt Drtn Prfrd & Incm Fd

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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