Beaumont Financial Advisors LLC Acquires New Holdings in First Trust Structured Credit Income Opportunities ETF $SCIO

Beaumont Financial Advisors LLC purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) during the first quarter, Holdings Channel reports. The fund purchased 350,934 shares of the company’s stock, valued at approximately $7,243,000.

Several other hedge funds have also recently bought and sold shares of SCIO. Crux Wealth Advisors acquired a new stake in First Trust Structured Credit Income Opportunities ETF in the 4th quarter worth approximately $2,721,000. Delta Investment Management LLC lifted its stake in shares of First Trust Structured Credit Income Opportunities ETF by 48.0% in the fourth quarter. Delta Investment Management LLC now owns 254,274 shares of the company’s stock worth $5,289,000 after buying an additional 82,519 shares during the last quarter. Daymark Wealth Partners LLC acquired a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the fourth quarter worth $2,641,000. Brookstone Capital Management bought a new stake in shares of First Trust Structured Credit Income Opportunities ETF during the 4th quarter worth $1,086,000. Finally, Capital Investment Counsel LLC grew its stake in First Trust Structured Credit Income Opportunities ETF by 305.8% in the 1st quarter. Capital Investment Counsel LLC now owns 455,240 shares of the company’s stock valued at $9,396,000 after buying an additional 343,046 shares during the last quarter. 0.83% of the stock is owned by institutional investors and hedge funds.

First Trust Structured Credit Income Opportunities ETF Price Performance

First Trust Structured Credit Income Opportunities ETF stock opened at $20.63 on Thursday. The firm has a market cap of $484.81 million, a price-to-earnings ratio of -272.46 and a beta of 0.07. First Trust Structured Credit Income Opportunities ETF has a fifty-two week low of $20.43 and a fifty-two week high of $21.69. The firm has a fifty day moving average price of $20.64 and a two-hundred day moving average price of $20.74.

About First Trust Structured Credit Income Opportunities ETF

The First Trust Structured Credit Income Opportunities ETF (SCIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize long-term income by holding intermediate-term structured credit investments such as RMBS, CMBS, CLOs, and ABS. Securities are of any credit quality. SCIO was launched on Feb 27, 2024 and is issued by First Trust.