MCGAREL DAVID (Officer-Investment Adviser) purchased 56.7% of their position (7.37K shares) of FIRST TRUST SENIOR FLOATING RATE 2022 TARGET TERM FUND on the open market
Open‑market purchase worth $61.1K — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 7/10/2020ACC: 0001445546-20-003339
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Officer· Officer-Investment Adviser
Since Oct 2018
+7.37K
Net shares
Net buyer
$61.1K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
7.37K acquired
Non-Derivative Transactions2
Common Shares
Direct
Shares
+5K
Price / share
$8.29
Trade value
$41.45K
% of position
38.5%
7/9/2020
13K→18K
Common Shares
Direct
Shares
+2.37K
Price / share
$8.29
Trade value
$19.68K
% of position
13.2%
7/9/2020
18K→20.37K
Total
Net shares
+7.37K
Net value
$61.13K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares Direct | 7/9/2020 | P · Purchase | +5K | $8.29 | $41.45K | 38.5% | 13K | 18K |
| Common Shares Direct | 7/9/2020 | P · Purchase | +2.37K | $8.29 | $19.68K | 13.2% | 18K | 20.37K |
| Total | +7.37K | $61.13K | ||||||
Derivative Transactions0
No derivative transactions reported