Harbour Investments Inc. Buys 3,120 Shares of First Trust Income Opportunities ETF $FCEF

Harbour Investments Inc. lifted its holdings in shares of First Trust Income Opportunities ETF (NASDAQ:FCEF) by 405.2% during the 2nd quarter, Holdings Channel reports. The firm owned 3,890 shares of the company’s stock after purchasing an additional 3,120 shares during the period. Harbour Investments Inc.’s holdings in First Trust Income Opportunities ETF were worth $87,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in FCEF. LPL Financial LLC increased its holdings in shares of First Trust Income Opportunities ETF by 47.6% during the first quarter. LPL Financial LLC now owns 232,822 shares of the company’s stock worth $5,050,000 after purchasing an additional 75,123 shares during the period. Cetera Investment Advisers bought a new position in shares of First Trust Income Opportunities ETF during the first quarter worth approximately $478,000. Cambridge Investment Research Advisors Inc. increased its holdings in shares of First Trust Income Opportunities ETF by 17.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 93,413 shares of the company’s stock worth $2,026,000 after purchasing an additional 14,185 shares during the period. OLD Mission Capital LLC bought a new position in shares of First Trust Income Opportunities ETF during the first quarter worth approximately $243,000. Finally, Boyce & Associates Wealth Consulting Inc. increased its holdings in shares of First Trust Income Opportunities ETF by 31.0% during the second quarter. Boyce & Associates Wealth Consulting Inc. now owns 38,514 shares of the company’s stock worth $864,000 after purchasing an additional 9,104 shares during the period.

First Trust Income Opportunities ETF Trading Up 0.4%

Shares of FCEF opened at $22.77 on Friday. First Trust Income Opportunities ETF has a 12 month low of $18.85 and a 12 month high of $23.22. The firm’s 50 day moving average is $22.79 and its 200-day moving average is $22.12. The stock has a market capitalization of $62.86 million, a PE ratio of 19.88 and a beta of 0.95.

First Trust Income Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 14th will be issued a dividend of $0.135 per share. The ex-dividend date of this dividend is Tuesday, October 14th. This represents a c) annualized dividend and a dividend yield of 7.1%.

About First Trust Income Opportunities ETF

The First Trust Income Opportunity ETF (FCEF) is an exchange-traded fund that is based on the S-Network Composite Closed-End Fund index. The fund is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund’s primary objective is to provide current income.