First Trust Income Opportunities ETF (NASDAQ:FCEF) Shares Sold by Raymond James & Associates

Raymond James & Associates trimmed its position in shares of First Trust Income Opportunities ETF (NASDAQ:FCEF) by 3.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 98,577 shares of the company’s stock after selling 3,008 shares during the period. Raymond James & Associates owned about 0.07% of First Trust Income Opportunities ETF worth $1,950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Morgan Stanley increased its holdings in shares of First Trust Income Opportunities ETF by 43.7% during the 4th quarter. Morgan Stanley now owns 1,850 shares of the company’s stock valued at $36,000 after purchasing an additional 563 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of First Trust Income Opportunities ETF by 2,303.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,389 shares of the company’s stock valued at $65,000 after purchasing an additional 3,248 shares in the last quarter. Money Concepts Capital Corp purchased a new position in shares of First Trust Income Opportunities ETF during the 4th quarter valued at approximately $194,000. Advisor Group Holdings Inc. increased its holdings in shares of First Trust Income Opportunities ETF by 12.1% during the 4th quarter. Advisor Group Holdings Inc. now owns 10,120 shares of the company’s stock valued at $196,000 after purchasing an additional 1,093 shares in the last quarter. Finally, HAP Trading LLC purchased a new position in shares of First Trust Income Opportunities ETF during the 1st quarter valued at approximately $252,000.

First Trust Income Opportunities ETF Price Performance

NASDAQ:FCEF opened at $19.73 on Thursday. The firm has a market cap of $30.57 million, a price-to-earnings ratio of 16.94 and a beta of 0.95. The company has a 50 day moving average price of $20.26 and a 200-day moving average price of $19.50. First Trust Income Opportunities ETF has a 1-year low of $17.62 and a 1-year high of $20.80.

First Trust Income Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 12th will be issued a $0.125 dividend. This represents a $1.50 annualized dividend and a yield of 7.60%. The ex-dividend date is Thursday, April 11th.

First Trust Income Opportunities ETF Company Profile

The First Trust Income Opportunity ETF (FCEF) is an exchange-traded fund that is based on the S-Network Composite Closed-End Fund index. The fund is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund’s primary objective is to provide current income.