Great Lakes Advisors LLC Buys New Stake in First Trust SSI Strategic Convertible Securities ETF (FCVT)

Great Lakes Advisors LLC bought a new position in shares of First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,646 shares of the company’s stock, valued at approximately $666,000. Great Lakes Advisors LLC owned 0.31% of First Trust SSI Strategic Convertible Securities ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FCVT. BKS Advisors LLC acquired a new position in First Trust SSI Strategic Convertible Securities ETF during the second quarter worth about $228,000. IFP Advisors Inc grew its position in shares of First Trust SSI Strategic Convertible Securities ETF by 33.2% in the second quarter. IFP Advisors Inc now owns 14,408 shares of the company’s stock valued at $429,000 after purchasing an additional 3,593 shares during the last quarter. CIBC World Markets Inc. grew its position in shares of First Trust SSI Strategic Convertible Securities ETF by 307.6% in the second quarter. CIBC World Markets Inc. now owns 37,663 shares of the company’s stock valued at $1,121,000 after purchasing an additional 28,423 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of First Trust SSI Strategic Convertible Securities ETF by 200.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 65,904 shares of the company’s stock valued at $1,961,000 after purchasing an additional 43,975 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of First Trust SSI Strategic Convertible Securities ETF by 19.0% in the second quarter. Raymond James & Associates now owns 173,592 shares of the company’s stock valued at $5,166,000 after purchasing an additional 27,759 shares during the last quarter.

FCVT stock opened at $28.31 on Friday. First Trust SSI Strategic Convertible Securities ETF has a 12 month low of $27.52 and a 12 month high of $31.10.

The firm also recently declared a monthly dividend, which was paid on Friday, November 30th. Stockholders of record on Friday, November 23rd were given a $0.04 dividend. The ex-dividend date was Wednesday, November 21st. This represents a $0.48 annualized dividend and a dividend yield of 1.70%.

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Institutional Ownership by Quarter for First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT)

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