Daymark Wealth Partners LLC Acquires New Position in First Trust Structured Credit Income Opportunities ETF $SCIO

Daymark Wealth Partners LLC bought a new position in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 126,961 shares of the company’s stock, valued at approximately $2,641,000. Daymark Wealth Partners LLC owned approximately 2.25% of First Trust Structured Credit Income Opportunities ETF as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SCIO. Osaic Holdings Inc. purchased a new position in shares of First Trust Structured Credit Income Opportunities ETF in the second quarter worth $25,000. IFP Advisors Inc acquired a new stake in shares of First Trust Structured Credit Income Opportunities ETF during the third quarter worth $44,000. N.E.W. Advisory Services LLC grew its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 1,321.0% during the third quarter. N.E.W. Advisory Services LLC now owns 7,247 shares of the company’s stock valued at $150,000 after buying an additional 6,737 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF during the third quarter valued at $246,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter valued at $266,000. Hedge funds and other institutional investors own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Price Performance

Shares of SCIO stock opened at $20.67 on Thursday. The firm has a market capitalization of $175.70 million, a price-to-earnings ratio of -272.99 and a beta of 0.08. The business has a fifty day moving average of $20.84 and a 200 day moving average of $20.83. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $20.06 and a 1 year high of $22.51.

First Trust Structured Credit Income Opportunities ETF Company Profile

The First Trust Structured Credit Income Opportunities ETF (SCIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize long-term income by holding intermediate-term structured credit investments such as RMBS, CMBS, CLOs, and ABS. Securities are of any credit quality. SCIO was launched on Feb 27, 2024 and is issued by First Trust.