Concurrent Investment Advisors LLC Buys 111,050 Shares of First Trust SSI Strategic Convertible Securities ETF $FCVT

Posted by Linda Flegge on Sep 5th, 2026

Concurrent Investment Advisors LLC grew its stake in shares of First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT – Free Report) by 64.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 283,615 shares of the company’s stock after buying an additional 111,050 shares during the period. Concurrent Investment Advisors LLC owned 14.18% of First Trust SSI Strategic Convertible Securities ETF worth $15,251,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Truist Financial Corp purchased a new stake in shares of First Trust SSI Strategic Convertible Securities ETF in the fourth quarter worth $831,000. Plus Group Wealth Advisors LLC purchased a new position in shares of First Trust SSI Strategic Convertible Securities ETF during the 4th quarter valued at $1,116,000. International Assets Investment Management LLC bought a new position in First Trust SSI Strategic Convertible Securities ETF in the 4th quarter worth $112,000. Advisory Services Network LLC bought a new position in First Trust SSI Strategic Convertible Securities ETF in the 3rd quarter worth $78,000. Finally, Continuum Advisory LLC purchased a new stake in First Trust SSI Strategic Convertible Securities ETF in the 2nd quarter worth $38,000.

First Trust SSI Strategic Convertible Securities ETF Stock Performance

Shares of FCVT stock opened at $49.52 on Friday. The stock has a fifty day simple moving average of $50.39 and a two-hundred day simple moving average of $49.39. First Trust SSI Strategic Convertible Securities ETF has a 52-week low of $40.36 and a 52-week high of $54.90.

First Trust SSI Strategic Convertible Securities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were paid a $0.045 dividend. The ex-dividend date of this dividend was Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%.

First Trust SSI Strategic Convertible Securities ETF Profile

(Free Report)

The First Trust SSI Strategic Convertible Securities ETF (FCVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of convertible securities from within and outside the US. FCVT was launched on Nov 4, 2015 and is managed by First Trust.