Big Money Sentiment Indicator of First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) Improves in Q2 2018 to 1.63

Positions for First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF)

In 2018 Q2 First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) big money sentiment increased to 1.63, according to Securities and Exchange Commission filings. That’s up 0.44, from 2018Q1’s 1.19. 31 investment managers started new and increased equity positions, while 19 sold and reduced equity positions in First Trust Intermediate Duration Preferred & Income Fund so the sentiment has improved. These funds own 9.18 million shares, that’s up from 9.02 million shares in 2018Q1. Funds holding First Trust Intermediate Duration Preferred & Income Fund in top 10 changed to 1 from 0 for an increase of 1. 7 Investors Sold All; 12 Reduced Holdings; 20 increased holdings while 11 investment managers bought holdings.

Biggest First Trust Intermediate Duration Preferred & Income Fund Investors

Sterneck Capital Management Llc owns 240,398 shares in First Trust Intermediate Duration Preferred & Income Fund as of 2018 Q2. As of 2018 Q2, 354,152 shares of First Trust Intermediate Duration Preferred & Income Fund are owned by Comerica Securities Inc. Mathes Company Inc. reported 33,250 shares. Delta Capital Management Llc revealed 19,540 shares position in First Trust Intermediate Duration Preferred & Income Fund. The Georgia-based fund Capital Investment Advisors Llc looks positive on First Trust Intermediate Duration Preferred & Income Fund, possessing 175,850 shares.

FPF hit $19.83 during the last trading session after $0.08 change.First Trust Intermediate Duration Preferred & Income Fund has 297,175 shares volume, 34.18% up from normal. FPF is downtrending and has moved 10.94% since December 8, 2017. FPF underperformed the S&P500 by 26.56%.

Moreover, Sterneck Mgmt Limited Liability Corp has 3.59% invested in First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) for 240,398 shs. Retail Bank Of America De stated it has 318,897 shs. Invesco Ltd holds 826,277 shs or 0.01% of its capital. Bb&T Secs Ltd Liability Corp holds 61,234 shs. Mathes Inc holds 33,250 shs or 0.34% of its capital. Morgan Stanley accumulated 3.98 million shs. 354,152 were accumulated by Comerica Secs. Parametric Port Ltd Limited Liability Company invested in 0% or 147,081 shs. Advisory Services Net Limited Liability Com has invested 0% in First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF). Rivernorth Capital Management Ltd Liability has 78,750 shs. Cap Invest Advisors Llc has invested 0.24% in First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF). Rmb Mngmt Ltd accumulated 131,465 shs or 0.07% of the stock. City has 0.01% invested in First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF). Stratos Wealth Prns Ltd has invested 0.03% in First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF). Raymond James Fin Serv Advisors holds 41,197 shs.

For more First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) news published briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Weekly Review: Preferred Stock CEFs – Statistically Overvalued CEF At A High Premium – Seeking Alpha” published on October 24, 2018, “X-Raying CEFL: Leverage And Expense Ratio Statistics – Seeking Alpha” on May 22, 2015, “Income Opportunities: Well Valued Global Preferred Stock Fund – Seeking Alpha” with a publish date: January 04, 2018, “John Hancock Preferred Income Fund: A Good Or Bad Investment? – Seeking Alpha” and the last “John Hancock Premium Dividend Fund: A Good Or Bad Investment? – Seeking Alpha” with publication date: August 15, 2016.

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