First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) Stock Holdings Reduced by Advisor Group Inc.

Advisor Group Inc. lessened its stake in shares of First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) by 1.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 64,857 shares of the company’s stock after selling 653 shares during the quarter. Advisor Group Inc. owned approximately 1.05% of First Trust SSI Strategic Convertible Securities ETF worth $1,971,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of FCVT. CWM LLC bought a new position in shares of First Trust SSI Strategic Convertible Securities ETF during the 1st quarter valued at $15,825,000. American Financial Advisors LLC acquired a new position in shares of First Trust SSI Strategic Convertible Securities ETF in the 1st quarter worth approximately $6,023,000. Jane Street Group LLC grew its position in shares of First Trust SSI Strategic Convertible Securities ETF by 125.6% in the 4th quarter. Jane Street Group LLC now owns 78,954 shares of the company’s stock worth $2,173,000 after acquiring an additional 43,953 shares in the last quarter. NEXT Financial Group Inc acquired a new position in shares of First Trust SSI Strategic Convertible Securities ETF in the 4th quarter worth approximately $1,009,000. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of First Trust SSI Strategic Convertible Securities ETF by 5.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 553,043 shares of the company’s stock worth $15,220,000 after acquiring an additional 29,709 shares in the last quarter.

Shares of FCVT traded up $0.26 during mid-day trading on Friday, hitting $31.35. The stock had a trading volume of 39,642 shares, compared to its average volume of 51,441. The company’s fifty day moving average price is $30.68. First Trust SSI Strategic Convertible Securities ETF has a fifty-two week low of $25.43 and a fifty-two week high of $31.39.

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 17th were given a $0.04 dividend. The ex-dividend date was Friday, June 14th. This represents a $0.48 annualized dividend and a dividend yield of 1.53%.

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

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