First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) Shares Pass Below 50 Day Moving Average – Here’s Why

Posted by Geri Gentry on Jun 10th, 2026

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $18.13 and traded as low as $17.71. First Trust Intermediate Duration Preferred & Income Fund shares last traded at $17.79, with a volume of 92,159 shares trading hands.

First Trust Intermediate Duration Preferred & Income Fund Price Performance

The company has a 50 day simple moving average of $18.13 and a 200-day simple moving average of $18.47.

First Trust Intermediate Duration Preferred & Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a dividend of $0.1375 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date is Monday, June 1st.

Institutional Trading of First Trust Intermediate Duration Preferred & Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. raised its stake in shares of First Trust Intermediate Duration Preferred & Income Fund by 8.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 20,316 shares of the company’s stock valued at $379,000 after purchasing an additional 1,534 shares during the period. Silver Oak Securities Incorporated raised its stake in shares of First Trust Intermediate Duration Preferred & Income Fund by 12.4% during the 1st quarter. Silver Oak Securities Incorporated now owns 15,152 shares of the company’s stock valued at $267,000 after purchasing an additional 1,677 shares during the period. EJMK Ventures LLC bought a new stake in shares of First Trust Intermediate Duration Preferred & Income Fund during the 4th quarter valued at $374,000. Sit Investment Associates Inc. raised its stake in shares of First Trust Intermediate Duration Preferred & Income Fund by 111.6% during the 4th quarter. Sit Investment Associates Inc. now owns 1,215,664 shares of the company’s stock valued at $22,660,000 after purchasing an additional 641,124 shares during the period. Finally, Global Retirement Partners LLC raised its stake in shares of First Trust Intermediate Duration Preferred & Income Fund by 100.8% during the 4th quarter. Global Retirement Partners LLC now owns 14,068 shares of the company’s stock valued at $262,000 after purchasing an additional 7,063 shares during the period.

About First Trust Intermediate Duration Preferred & Income Fund

(Get Free Report)

First Trust Intermediate Duration Preferred & Income Fund (NYSE: FPF) is a diversified closed-end management investment company that seeks to provide a high level of current income, with a secondary objective of capital appreciation. Listed on the New York Stock Exchange, the fund aims to deliver a consistent distribution by investing primarily in intermediate-duration preferred securities issued by U.S. and foreign corporations, financial institutions and utilities.

The fund’s portfolio is composed predominantly of fixed- and floating-rate preferred stocks, with at least 80% of its total assets invested in such securities.