First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) Declares $0.05 Monthly Dividend

First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVTGet Free Report) declared a monthly dividend on Monday, April 20th. Investors of record on Tuesday, April 21st will be given a dividend of 0.045 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, April 21st.

First Trust SSI Strategic Convertible Securities ETF Stock Up 0.6%

NASDAQ:FCVT opened at $49.23 on Tuesday. First Trust SSI Strategic Convertible Securities ETF has a 52 week low of $33.19 and a 52 week high of $49.25. The firm’s 50-day simple moving average is $45.78 and its 200 day simple moving average is $44.68.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Caldwell Trust Co acquired a new stake in shares of First Trust SSI Strategic Convertible Securities ETF in the fourth quarter valued at approximately $28,000. Rockefeller Capital Management L.P. boosted its stake in shares of First Trust SSI Strategic Convertible Securities ETF by 97.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 689 shares of the company’s stock valued at $30,000 after buying an additional 340 shares during the period. Advisory Services Network LLC acquired a new stake in First Trust SSI Strategic Convertible Securities ETF during the third quarter worth approximately $78,000. International Assets Investment Management LLC acquired a new stake in First Trust SSI Strategic Convertible Securities ETF during the fourth quarter worth approximately $112,000. Finally, Prospera Financial Services Inc bought a new position in First Trust SSI Strategic Convertible Securities ETF during the 3rd quarter worth $204,000.

About First Trust SSI Strategic Convertible Securities ETF

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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.

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Dividend History for First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT)

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