Wagner Wealth Management LLC Purchases 46,799 Shares of First Trust Structured Credit Income Opportunities ETF $SCIO

Wagner Wealth Management LLC increased its position in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 231.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,056 shares of the company’s stock after purchasing an additional 46,799 shares during the quarter. Wagner Wealth Management LLC owned 0.87% of First Trust Structured Credit Income Opportunities ETF worth $1,395,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SCIO. Winebrenner Capital Management LLC lifted its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 0.9% in the fourth quarter. Winebrenner Capital Management LLC now owns 55,778 shares of the company’s stock worth $1,160,000 after acquiring an additional 500 shares during the last quarter. Osaic Holdings Inc. acquired a new position in shares of First Trust Structured Credit Income Opportunities ETF during the second quarter worth $25,000. Sanctuary Advisors LLC increased its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 2.1% during the fourth quarter. Sanctuary Advisors LLC now owns 87,728 shares of the company’s stock worth $1,825,000 after buying an additional 1,842 shares in the last quarter. BridgePort Financial Solutions LLC increased its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 6.3% during the third quarter. BridgePort Financial Solutions LLC now owns 33,659 shares of the company’s stock worth $699,000 after buying an additional 1,983 shares in the last quarter. Finally, IFP Advisors Inc acquired a new position in shares of First Trust Structured Credit Income Opportunities ETF during the third quarter worth $44,000. Institutional investors own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Price Performance

Shares of NYSEARCA SCIO opened at $20.65 on Thursday. The company has a 50 day simple moving average of $20.75 and a 200 day simple moving average of $20.80. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $20.21 and a 1 year high of $21.78. The firm has a market cap of $352.08 million, a PE ratio of -272.73 and a beta of 0.11.

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.