First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Trading Down 0.1% – Time to Sell?

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY)’s stock price fell 0.1% during mid-day trading on Friday . The company traded as low as $14.95 and last traded at $14.97. 41,581 shares were traded during mid-day trading, a decline of 67% from the average session volume of 125,630 shares. The stock had previously closed at $14.99.

First Trust High Yield Opportunities 2027 Term Fund Stock Down 0.1 %

The firm’s fifty day moving average is $14.82 and its 200-day moving average is $14.47.

First Trust High Yield Opportunities 2027 Term Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, October 25th. Stockholders of record on Tuesday, October 1st will be paid a $0.13 dividend. The ex-dividend date is Tuesday, October 1st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.42%.

Insider Buying and Selling

In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen acquired 4,370 shares of the stock in a transaction that occurred on Monday, September 30th. The stock was acquired at an average price of $15.20 per share, with a total value of $66,424.00. Following the transaction, the insider now directly owns 123,370 shares in the company, valued at approximately $1,875,224. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider James A. Bowen bought 4,370 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction on Monday, September 30th. The stock was purchased at an average cost of $15.20 per share, with a total value of $66,424.00. Following the purchase, the insider now directly owns 123,370 shares of the company’s stock, valued at approximately $1,875,224. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider James A. Bowen acquired 17,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was acquired at an average cost of $14.75 per share, with a total value of $250,750.00. Following the completion of the acquisition, the insider now directly owns 123,000 shares in the company, valued at approximately $1,814,250. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here.

Hedge Funds Weigh In On First Trust High Yield Opportunities 2027 Term Fund

Several hedge funds have recently made changes to their positions in FTHY. Oppenheimer & Co. Inc. raised its position in shares of First Trust High Yield Opportunities 2027 Term Fund by 1.0% during the first quarter. Oppenheimer & Co. Inc. now owns 76,996 shares of the company’s stock worth $1,120,000 after purchasing an additional 794 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of First Trust High Yield Opportunities 2027 Term Fund by 6.3% during the first quarter. Janney Montgomery Scott LLC now owns 22,195 shares of the company’s stock valued at $323,000 after acquiring an additional 1,323 shares during the period. Thoroughbred Financial Services LLC lifted its position in shares of First Trust High Yield Opportunities 2027 Term Fund by 3.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 51,500 shares of the company’s stock valued at $737,000 after acquiring an additional 1,500 shares in the last quarter. Consolidated Portfolio Review Corp boosted its stake in First Trust High Yield Opportunities 2027 Term Fund by 25.5% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 19,090 shares of the company’s stock worth $273,000 after purchasing an additional 3,882 shares during the period. Finally, Insight Advisors LLC PA raised its stake in First Trust High Yield Opportunities 2027 Term Fund by 12.4% during the 1st quarter. Insight Advisors LLC PA now owns 37,032 shares of the company’s stock valued at $538,000 after purchasing an additional 4,075 shares during the period.