First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $6.13 and traded as low as $6.06. First Trust Spclty Fin & Fncl Opptnts Fd shares last traded at $6.12, with a volume of 15,728 shares changing hands.
The business’s 50-day simple moving average is $6.13 and its two-hundred day simple moving average is $6.17.
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 23rd were given a $0.175 dividend. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $0.70 dividend on an annualized basis and a yield of 11.48%.
First Trust Spclty Fin & Fncl Opptnts Fd Company Profile (NYSE:FGB)
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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