94,231 Shares in First Trust Senior Floating Rate Income Fund II (NYSE:FCT) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new stake in First Trust Senior Floating Rate Income Fund II (NYSE:FCT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 94,231 shares of the investment management company’s stock, valued at approximately $9,339,000.

Several other institutional investors also recently bought and sold shares of the company. Realta Investment Advisors raised its stake in shares of First Trust Senior Floating Rate Income Fund II by 21.2% during the 4th quarter. Realta Investment Advisors now owns 14,414 shares of the investment management company’s stock worth $145,000 after buying an additional 2,519 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new position in First Trust Senior Floating Rate Income Fund II during the fourth quarter worth $104,000. Kingswood Wealth Advisors LLC purchased a new position in First Trust Senior Floating Rate Income Fund II in the fourth quarter worth $218,000. Raymond James & Associates lifted its holdings in First Trust Senior Floating Rate Income Fund II by 21.3% in the fourth quarter. Raymond James & Associates now owns 12,401 shares of the investment management company’s stock valued at $125,000 after acquiring an additional 2,175 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its position in shares of First Trust Senior Floating Rate Income Fund II by 12.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 39,157 shares of the investment management company’s stock worth $392,000 after purchasing an additional 4,196 shares in the last quarter.

First Trust Senior Floating Rate Income Fund II Trading Up 0.2 %

Shares of FCT opened at $10.32 on Tuesday. First Trust Senior Floating Rate Income Fund II has a 52-week low of $9.45 and a 52-week high of $10.42. The company has a 50-day simple moving average of $10.23 and a 200-day simple moving average of $10.01.

First Trust Senior Floating Rate Income Fund II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, May 2nd will be issued a $0.097 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $1.16 dividend on an annualized basis and a yield of 11.28%.

First Trust Senior Floating Rate Income Fund II Company Profile

First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.