First Trust Income Opportunities ETF (NASDAQ:FCEF) to Issue $0.14 Dividend

First Trust Income Opportunities ETF (NASDAQ:FCEF) announced a dividend on Tuesday, March 10th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 11th will be paid a dividend of 0.1375 per share on Tuesday, March 31st. The ex-dividend date of this dividend is Wednesday, March 11th.

First Trust Income Opportunities ETF Price Performance

Shares of First Trust Income Opportunities ETF stock traded down $0.12 during trading on Wednesday, hitting $22.94. The stock had a trading volume of 17,782 shares, compared to its average volume of 21,721. The stock has a market cap of $67.67 million, a PE ratio of 19.88 and a beta of 0.85. First Trust Income Opportunities ETF has a 12 month low of $18.85 and a 12 month high of $23.89. The firm’s fifty day simple moving average is $23.44 and its 200-day simple moving average is $23.02.

Institutional Trading of First Trust Income Opportunities ETF

A number of hedge funds have recently bought and sold shares of FCEF. Capital Investment Advisory Services LLC lifted its position in First Trust Income Opportunities ETF by 2.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 457,362 shares of the company’s stock valued at $10,506,000 after acquiring an additional 12,463 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of First Trust Income Opportunities ETF by 4.8% during the 3rd quarter. Raymond James Financial Inc. now owns 126,954 shares of the company’s stock valued at $2,905,000 after buying an additional 5,856 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. boosted its position in First Trust Income Opportunities ETF by 1.1% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 60,686 shares of the company’s stock worth $1,394,000 after purchasing an additional 682 shares in the last quarter. Commonwealth Equity Services LLC grew its position in First Trust Income Opportunities ETF by 58.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 56,788 shares of the company’s stock valued at $1,304,000 after buying an additional 21,030 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in First Trust Income Opportunities ETF by 7.7% in the 4th quarter. Osaic Holdings Inc. now owns 45,192 shares of the company’s stock worth $1,038,000 after purchasing an additional 3,213 shares during the period.

First Trust Income Opportunities ETF Company Profile

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.