69,577 First Trust Income Opportunities ETF $FCEF Shares Sold by Boyce & Associates Wealth Consulting Inc.

Boyce & Associates Wealth Consulting Inc. trimmed its position in First Trust Income Opportunities ETF (NASDAQ:FCEF) by 78.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,795 shares of the company’s stock after selling 69,577 shares during the quarter. Boyce & Associates Wealth Consulting Inc. owned about 0.53% of First Trust Income Opportunities ETF worth $428,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cetera Investment Advisers increased its holdings in shares of First Trust Income Opportunities ETF by 14.4% during the 1st quarter. Cetera Investment Advisers now owns 47,416 shares of the company’s stock worth $1,067,000 after buying an additional 5,977 shares during the last quarter. Envestnet Asset Management Inc. grew its position in First Trust Income Opportunities ETF by 47.9% in the second quarter. Envestnet Asset Management Inc. now owns 30,845 shares of the company’s stock worth $742,000 after acquiring an additional 9,995 shares during the period. Integrated Wealth Concepts LLC grew its position in First Trust Income Opportunities ETF by 33.0% in the second quarter. Integrated Wealth Concepts LLC now owns 17,684 shares of the company’s stock worth $425,000 after acquiring an additional 4,386 shares during the period. NewEdge Advisors LLC increased its stake in First Trust Income Opportunities ETF by 3.1% during the second quarter. NewEdge Advisors LLC now owns 14,224 shares of the company’s stock worth $342,000 after acquiring an additional 429 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in First Trust Income Opportunities ETF during the first quarter worth $234,000.

First Trust Income Opportunities ETF Price Performance

NASDAQ FCEF opened at $22.88 on Wednesday. The firm’s 50-day moving average is $23.57 and its two-hundred day moving average is $23.57. The stock has a market capitalization of $81.45 million, a P/E ratio of 19.88 and a beta of 0.78. First Trust Income Opportunities ETF has a 12 month low of $21.95 and a 12 month high of $24.35.

First Trust Income Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be issued a $0.1375 dividend. The ex-dividend date is Wednesday, October 14th. This represents a $1.65 annualized dividend and a dividend yield of 7.2%.

About First Trust Income Opportunities ETF

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. FCEF was launched on Sep 27, 2016 and is managed by First Trust.