Cambridge Investment Research Advisors Inc. Grows Stake in First Trust CEF Income Opportunity ETF (NASDAQ:FCEF)

Cambridge Investment Research Advisors Inc. grew its holdings in First Trust CEF Income Opportunity ETF (NASDAQ:FCEF) by 39.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 13,938 shares of the company’s stock after acquiring an additional 3,962 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.93% of First Trust CEF Income Opportunity ETF worth $345,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Koshinski Asset Management Inc. purchased a new position in First Trust CEF Income Opportunity ETF during the 3rd quarter worth approximately $45,000. Commonwealth Equity Services LLC purchased a new position in First Trust CEF Income Opportunity ETF during the 3rd quarter worth approximately $216,000. Advisor Group Holdings Inc. grew its stake in First Trust CEF Income Opportunity ETF by 16.0% during the 2nd quarter. Advisor Group Holdings Inc. now owns 9,401 shares of the company’s stock worth $239,000 after buying an additional 1,300 shares during the last quarter. Royal Bank of Canada grew its stake in First Trust CEF Income Opportunity ETF by 26.8% during the 2nd quarter. Royal Bank of Canada now owns 14,723 shares of the company’s stock worth $375,000 after buying an additional 3,115 shares during the last quarter. Finally, Susquehanna International Group LLP grew its stake in First Trust CEF Income Opportunity ETF by 145.4% during the 2nd quarter. Susquehanna International Group LLP now owns 29,328 shares of the company’s stock worth $747,000 after buying an additional 17,375 shares during the last quarter.

NASDAQ:FCEF opened at $24.97 on Friday. The stock’s 50 day moving average price is $25.20 and its 200 day moving average price is $25.31. First Trust CEF Income Opportunity ETF has a 52-week low of $22.45 and a 52-week high of $26.26.

The business also recently announced a monthly dividend, which will be paid on Monday, January 31st. Shareholders of record on Wednesday, January 12th will be paid a $0.115 dividend. This is an increase from First Trust CEF Income Opportunity ETF’s previous monthly dividend of $0.11. This represents a $1.38 annualized dividend and a dividend yield of 5.53%. The ex-dividend date is Tuesday, January 11th.

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Institutional Ownership by Quarter for First Trust CEF Income Opportunity ETF (NASDAQ:FCEF)

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