First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Stock Price Up 0.7% – Still a Buy?

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY)’s share price rose 0.7% during trading on Friday . The stock traded as high as $14.52 and last traded at $14.51. Approximately 110,382 shares were traded during trading, a decline of 23% from the average daily volume of 143,944 shares. The stock had previously closed at $14.40.

First Trust High Yield Opportunities 2027 Term Fund Trading Up 0.7 %

The firm has a 50-day moving average price of $14.62 and a 200 day moving average price of $14.70.

First Trust High Yield Opportunities 2027 Term Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, January 27th. Stockholders of record on Thursday, January 2nd will be given a dividend of $0.125 per share. The ex-dividend date is Thursday, January 2nd. This represents a $1.50 annualized dividend and a dividend yield of 10.34%.

Institutional Investors Weigh In On First Trust High Yield Opportunities 2027 Term Fund

Several institutional investors have recently bought and sold shares of FTHY. Penserra Capital Management LLC purchased a new stake in First Trust High Yield Opportunities 2027 Term Fund during the 3rd quarter valued at about $4,878,000. Stifel Financial Corp boosted its holdings in First Trust High Yield Opportunities 2027 Term Fund by 190.2% during the 3rd quarter. Stifel Financial Corp now owns 349,156 shares of the company’s stock valued at $5,279,000 after acquiring an additional 228,860 shares during the period. International Assets Investment Management LLC boosted its holdings in First Trust High Yield Opportunities 2027 Term Fund by 1,452.0% during the 3rd quarter. International Assets Investment Management LLC now owns 240,951 shares of the company’s stock valued at $3,643,000 after acquiring an additional 225,426 shares during the period. Kovitz Investment Group Partners LLC purchased a new stake in First Trust High Yield Opportunities 2027 Term Fund during the 3rd quarter valued at about $1,776,000. Finally, Sanctuary Advisors LLC purchased a new stake in First Trust High Yield Opportunities 2027 Term Fund during the 2nd quarter valued at about $1,201,000.