16,477 Shares in First Trust Senior Floating Rate Income Fund II (NYSE:FCT) Acquired by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC bought a new stake in shares of First Trust Senior Floating Rate Income Fund II (NYSE:FCT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,477 shares of the investment management company’s stock, valued at approximately $171,000.

Other large investors have also made changes to their positions in the company. SeaCrest Wealth Management LLC boosted its stake in First Trust Senior Floating Rate Income Fund II by 10.8% in the fourth quarter. SeaCrest Wealth Management LLC now owns 17,152 shares of the investment management company’s stock valued at $178,000 after buying an additional 1,669 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of First Trust Senior Floating Rate Income Fund II during the second quarter worth about $523,000. Nations Financial Group Inc. IA ADV bought a new stake in First Trust Senior Floating Rate Income Fund II during the 3rd quarter worth approximately $212,000. Avior Wealth Management LLC grew its stake in shares of First Trust Senior Floating Rate Income Fund II by 647.8% in the third quarter. Avior Wealth Management LLC now owns 6,349 shares of the investment management company’s stock worth $66,000 after purchasing an additional 5,500 shares during the last quarter. Finally, Pathstone Holdings LLC increased its stake in shares of First Trust Senior Floating Rate Income Fund II by 522.4% in the third quarter. Pathstone Holdings LLC now owns 494,547 shares of the investment management company’s stock valued at $5,124,000 after buying an additional 415,084 shares during the period.

First Trust Senior Floating Rate Income Fund II Stock Performance

Shares of NYSE FCT opened at $10.32 on Monday. First Trust Senior Floating Rate Income Fund II has a 52-week low of $9.74 and a 52-week high of $10.93. The company’s 50 day moving average price is $10.36 and its 200-day moving average price is $10.32.

First Trust Senior Floating Rate Income Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd were paid a $0.097 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 11.28%. The ex-dividend date was Thursday, January 2nd.

Insider Buying and Selling at First Trust Senior Floating Rate Income Fund II

In other First Trust Senior Floating Rate Income Fund II news, insider James A. Bowen sold 3,955 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $10.41, for a total value of $41,171.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

About First Trust Senior Floating Rate Income Fund II

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.