First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT – Get Free Report) declared a monthly dividend on Thursday, August 20th. Stockholders of record on Friday, August 21st will be paid a dividend of 0.045 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, August 21st.
First Trust SSI Strategic Convertible Securities ETF Stock Down 0.4%
NASDAQ:FCVT opened at $49.93 on Friday. First Trust SSI Strategic Convertible Securities ETF has a 52 week low of $39.38 and a 52 week high of $54.90. The firm’s fifty day moving average is $51.29 and its 200-day moving average is $49.13.
Institutional Trading of First Trust SSI Strategic Convertible Securities ETF
A number of large investors have recently bought and sold shares of FCVT. Royal Bank of Canada lifted its stake in shares of First Trust SSI Strategic Convertible Securities ETF by 14.4% in the 1st quarter. Royal Bank of Canada now owns 70,695 shares of the company’s stock valued at $2,468,000 after purchasing an additional 8,908 shares during the period. Jane Street Group LLC increased its holdings in First Trust SSI Strategic Convertible Securities ETF by 50.2% in the first quarter. Jane Street Group LLC now owns 17,876 shares of the company’s stock worth $624,000 after purchasing an additional 5,974 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in First Trust SSI Strategic Convertible Securities ETF by 23.7% in the second quarter. JPMorgan Chase & Co. now owns 12,963 shares of the company’s stock valued at $503,000 after buying an additional 2,487 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of First Trust SSI Strategic Convertible Securities ETF by 3.3% during the 3rd quarter. Raymond James Financial Inc. now owns 89,532 shares of the company’s stock worth $3,829,000 after buying an additional 2,844 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of First Trust SSI Strategic Convertible Securities ETF by 5.6% during the 3rd quarter. Bank of America Corp DE now owns 40,958 shares of the company’s stock worth $1,752,000 after buying an additional 2,177 shares during the period.
About First Trust SSI Strategic Convertible Securities ETF
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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