Flagship Harbor Advisors LLC Decreases Position in First Trust Spclty Fin & Fncl Opptnts Fd (FGB)

Flagship Harbor Advisors LLC lowered its position in shares of First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB) by 2.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 228,819 shares of the closed-end fund’s stock after selling 4,800 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in First Trust Spclty Fin & Fncl Opptnts Fd were worth $1,409,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. RFG Advisory LLC bought a new position in First Trust Spclty Fin & Fncl Opptnts Fd during the fourth quarter valued at about $52,000. Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust Spclty Fin & Fncl Opptnts Fd by 3.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 376,409 shares of the closed-end fund’s stock valued at $1,961,000 after purchasing an additional 11,964 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of First Trust Spclty Fin & Fncl Opptnts Fd by 8.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 106,209 shares of the closed-end fund’s stock valued at $553,000 after purchasing an additional 8,636 shares during the period. Quad Cities Investment Group LLC boosted its position in shares of First Trust Spclty Fin & Fncl Opptnts Fd by 2.1% in the 4th quarter. Quad Cities Investment Group LLC now owns 165,829 shares of the closed-end fund’s stock valued at $859,000 after purchasing an additional 3,347 shares during the period. Finally, Good Life Advisors LLC boosted its position in shares of First Trust Spclty Fin & Fncl Opptnts Fd by 28.4% in the 4th quarter. Good Life Advisors LLC now owns 37,875 shares of the closed-end fund’s stock valued at $197,000 after purchasing an additional 8,372 shares during the period.

Shares of NYSE:FGB traded down $0.01 during midday trading on Monday, reaching $6.14. The company had a trading volume of 17,900 shares, compared to its average volume of 50,464. First Trust Spclty Fin & Fncl Opptnts Fd has a 1-year low of $4.73 and a 1-year high of $6.63.

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First Trust Spclty Fin & Fncl Opptnts Fd Company Profile

First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors.

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Institutional Ownership by Quarter for First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB)

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