Cetera Investment Advisers Makes New Investment in First Trust Income Opportunities ETF $FCEF

Cetera Investment Advisers acquired a new stake in shares of First Trust Income Opportunities ETF (NASDAQ:FCEF) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 22,025 shares of the company’s stock, valued at approximately $478,000. Cetera Investment Advisers owned approximately 1.10% of First Trust Income Opportunities ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Boyce & Associates Wealth Consulting Inc. boosted its holdings in shares of First Trust Income Opportunities ETF by 17.2% during the 1st quarter. Boyce & Associates Wealth Consulting Inc. now owns 29,410 shares of the company’s stock valued at $638,000 after acquiring an additional 4,312 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust Income Opportunities ETF by 17.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 93,413 shares of the company’s stock valued at $2,026,000 after acquiring an additional 14,185 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of First Trust Income Opportunities ETF during the 4th quarter valued at $2,715,000.

First Trust Income Opportunities ETF Stock Up 0.1%

NASDAQ FCEF opened at $22.61 on Monday. First Trust Income Opportunities ETF has a twelve month low of $18.85 and a twelve month high of $22.67. The company has a market cap of $51.10 million, a price-to-earnings ratio of 19.88 and a beta of 0.95. The business’s fifty day moving average is $22.36 and its 200 day moving average is $21.79.

First Trust Income Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Tuesday, August 12th will be issued a dividend of $0.135 per share. The ex-dividend date of this dividend is Tuesday, August 12th. This represents a c) annualized dividend and a yield of 7.2%.

About First Trust Income Opportunities ETF

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.