LPL Financial LLC boosted its stake in First Trust/Aberdeen Global Opportunity (NYSE:FAM) by 60.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,686 shares of the financial services provider’s stock after acquiring an additional 25,771 shares during the period. LPL Financial LLC’s holdings in First Trust/Aberdeen Global Opportunity were worth $660,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. National Asset Management Inc. bought a new stake in shares of First Trust/Aberdeen Global Opportunity during the 3rd quarter valued at $162,000. Dakota Wealth Management bought a new stake in shares of First Trust/Aberdeen Global Opportunity during the 3rd quarter valued at $182,000. Wolverine Asset Management LLC bought a new stake in shares of First Trust/Aberdeen Global Opportunity during the 2nd quarter valued at $271,000. BlackRock Inc. bought a new stake in shares of First Trust/Aberdeen Global Opportunity during the 2nd quarter valued at $384,000. Finally, Bank of America Corp DE boosted its holdings in shares of First Trust/Aberdeen Global Opportunity by 16.5% during the 2nd quarter. Bank of America Corp DE now owns 89,959 shares of the financial services provider’s stock valued at $902,000 after buying an additional 12,734 shares in the last quarter.

Shares of FAM stock opened at $9.77 on Friday. First Trust/Aberdeen Global Opportunity has a 12 month low of $9.05 and a 12 month high of $11.94.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Thursday, January 3rd will be issued a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.60%. The ex-dividend date of this dividend is Wednesday, January 2nd.

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First Trust/Aberdeen Global Opportunity Company Profile

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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