Royal Bank of Canada Sells 25,782 Shares of First Trust SSI Strategic Convertible Securities ETF $FCVT

Posted by Stanley Muller on Aug 17th, 2026

Royal Bank of Canada decreased its stake in First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT – Free Report) by 29.0% during the 1st quarter, HoldingsChannel reports. The fund owned 63,079 shares of the company’s stock after selling 25,782 shares during the period. Royal Bank of Canada’s holdings in First Trust SSI Strategic Convertible Securities ETF were worth $2,787,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Caldwell Trust Co acquired a new position in First Trust SSI Strategic Convertible Securities ETF during the 4th quarter valued at $28,000. Rockefeller Capital Management L.P. boosted its holdings in First Trust SSI Strategic Convertible Securities ETF by 97.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 689 shares of the company’s stock valued at $30,000 after purchasing an additional 340 shares during the period. Merkkuri Wealth Advisors LLC acquired a new stake in First Trust SSI Strategic Convertible Securities ETF in the 1st quarter worth $52,000. Advisory Services Network LLC acquired a new stake in First Trust SSI Strategic Convertible Securities ETF in the 3rd quarter worth $78,000. Finally, International Assets Investment Management LLC bought a new position in shares of First Trust SSI Strategic Convertible Securities ETF during the 4th quarter worth about $112,000.

First Trust SSI Strategic Convertible Securities ETF Stock Performance

NASDAQ:FCVT opened at $51.75 on Monday. The firm’s 50-day moving average is $51.36 and its 200-day moving average is $49.01. First Trust SSI Strategic Convertible Securities ETF has a 52-week low of $39.22 and a 52-week high of $54.90.

First Trust SSI Strategic Convertible Securities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were given a dividend of $0.045 per share. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 1.0%.

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.