Cascadia Advisory Services LLC Purchases Shares of 12,150 First Trust/Aberdeen Global Opportunity (NYSE:FAM)

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Cascadia Advisory Services LLC purchased a new stake in First Trust/Aberdeen Global Opportunity (NYSE:FAM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,150 shares of the financial services provider’s stock, valued at approximately $121,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Shaker Financial Services LLC grew its position in First Trust/Aberdeen Global Opportunity by 39.9% during the 2nd quarter. Shaker Financial Services LLC now owns 47,247 shares of the financial services provider’s stock worth $469,000 after purchasing an additional 13,466 shares in the last quarter. Mid Atlantic Financial Management Inc. ADV grew its position in First Trust/Aberdeen Global Opportunity by 3.4% during the 2nd quarter. Mid Atlantic Financial Management Inc. ADV now owns 51,916 shares of the financial services provider’s stock worth $515,000 after purchasing an additional 1,696 shares in the last quarter. Dynamic Advisor Solutions LLC grew its position in First Trust/Aberdeen Global Opportunity by 34.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 17,033 shares of the financial services provider’s stock worth $169,000 after purchasing an additional 4,399 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in First Trust/Aberdeen Global Opportunity by 13.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 145,836 shares of the financial services provider’s stock worth $1,447,000 after purchasing an additional 17,106 shares in the last quarter. Finally, RDA Financial Network grew its position in First Trust/Aberdeen Global Opportunity by 17.2% during the 2nd quarter. RDA Financial Network now owns 13,600 shares of the financial services provider’s stock worth $135,000 after purchasing an additional 2,000 shares in the last quarter.

Shares of First Trust/Aberdeen Global Opportunity stock traded down $0.01 on Thursday, hitting $10.12. 12 shares of the company traded hands, compared to its average volume of 43,620. The company has a 50-day moving average price of $10.07 and a 200 day moving average price of $9.91. First Trust/Aberdeen Global Opportunity has a 12-month low of $7.68 and a 12-month high of $11.63.

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 17th. Investors of record on Tuesday, August 4th were paid a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 9.49%. The ex-dividend date of this dividend was Monday, August 3rd.

About First Trust/Aberdeen Global Opportunity

First Trust/Aberdeen Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities.

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Institutional Ownership by Quarter for First Trust/Aberdeen Global Opportunity (NYSE:FAM)

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