Starfire Investment Advisers Inc. Buys Shares of 33,500 First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest (FIV)

Starfire Investment Advisers Inc. bought a new stake in shares of First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest (NYSE:FIV) in the fourth quarter, HoldingsChannel reports. The fund bought 33,500 shares of the company’s stock, valued at approximately $306,000.

In related news, insider David Mcgarel acquired 5,000 shares of First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest stock in a transaction dated Wednesday, December 6th. The stock was bought at an average price of $9.16 per share, with a total value of $45,800.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest (FIV) opened at $9.32 on Thursday. First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest has a 52-week low of $9.02 and a 52-week high of $10.29.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th were given a dividend of $0.0417 per share. This represents a $0.50 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend was Thursday, December 28th.

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Want to see what other hedge funds are holding FIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest (NYSE:FIV).

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