Boyce & Associates Wealth Consulting Inc. Increases Stock Position in First Trust Income Opportunities ETF (NASDAQ:FCEF)

Boyce & Associates Wealth Consulting Inc. lifted its position in shares of First Trust Income Opportunities ETF (NASDAQ:FCEF) by 11.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,272 shares of the company’s stock after buying an additional 1,449 shares during the period. Boyce & Associates Wealth Consulting Inc. owned approximately 0.79% of First Trust Income Opportunities ETF worth $318,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FCEF. Raymond James & Associates increased its stake in First Trust Income Opportunities ETF by 8.9% during the second quarter. Raymond James & Associates now owns 109,265 shares of the company’s stock worth $2,300,000 after acquiring an additional 8,901 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in First Trust Income Opportunities ETF by 12.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 67,271 shares of the company’s stock valued at $1,416,000 after buying an additional 7,611 shares during the period. Aurora Private Wealth Inc. lifted its position in First Trust Income Opportunities ETF by 24.0% during the second quarter. Aurora Private Wealth Inc. now owns 12,903 shares of the company’s stock valued at $272,000 after buying an additional 2,495 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. grew its stake in First Trust Income Opportunities ETF by 11.5% during the first quarter. Concourse Financial Group Securities Inc. now owns 7,258 shares of the company’s stock worth $150,000 after buying an additional 750 shares during the period.

First Trust Income Opportunities ETF Stock Up 0.3 %

First Trust Income Opportunities ETF stock opened at $22.24 on Wednesday. The firm has a fifty day moving average of $21.75 and a 200-day moving average of $21.11. First Trust Income Opportunities ETF has a 52-week low of $17.62 and a 52-week high of $22.33. The firm has a market capitalization of $40.03 million, a P/E ratio of 17.57 and a beta of 0.95.

First Trust Income Opportunities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 11th were given a $0.135 dividend. The ex-dividend date of this dividend was Wednesday, September 11th. This is a positive change from First Trust Income Opportunities ETF’s previous monthly dividend of $0.13. This represents a $1.62 annualized dividend and a yield of 7.28%.

First Trust Income Opportunities ETF 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.