Dynamic Advisor Solutions LLC Invests $733,000 in First Trust Structured Credit Income Opportunities ETF $SCIO

Dynamic Advisor Solutions LLC acquired a new stake in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 35,234 shares of the company’s stock, valued at approximately $733,000. Dynamic Advisor Solutions LLC owned about 0.63% of First Trust Structured Credit Income Opportunities ETF as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of SCIO. CreativeOne Wealth LLC bought a new position in First Trust Structured Credit Income Opportunities ETF during the second quarter worth $854,000. First Trust Advisors LP lifted its holdings in First Trust Structured Credit Income Opportunities ETF by 45.0% in the second quarter. First Trust Advisors LP now owns 39,091 shares of the company’s stock valued at $808,000 after buying an additional 12,135 shares during the period. Snowden Capital Advisors LLC bought a new stake in First Trust Structured Credit Income Opportunities ETF during the second quarter valued at $1,687,000. Osaic Holdings Inc. bought a new stake in First Trust Structured Credit Income Opportunities ETF during the second quarter valued at $25,000. Finally, Farther Finance Advisors LLC acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth about $266,000. 0.83% of the stock is currently owned by institutional investors and hedge funds.

First Trust Structured Credit Income Opportunities ETF Trading Down 0.8%

SCIO stock opened at $20.50 on Friday. The firm has a market cap of $174.25 million, a PE ratio of -270.75 and a beta of 0.08. The stock has a 50-day moving average price of $20.83 and a 200-day moving average price 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.

About First Trust Structured Credit Income Opportunities ETF

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.