25,927 Shares in First Trust SSI Strategic Convertible Securities ETF $FCVT Bought by Plus Group Wealth Advisors LLC

Plus Group Wealth Advisors LLC acquired a new position in shares of First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVTFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 25,927 shares of the company’s stock, valued at approximately $1,116,000. First Trust SSI Strategic Convertible Securities ETF accounts for 1.2% of Plus Group Wealth Advisors LLC’s holdings, making the stock its 16th biggest holding. Plus Group Wealth Advisors LLC owned 1.15% of First Trust SSI Strategic Convertible Securities ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new stake in First Trust SSI Strategic Convertible Securities ETF during the 4th quarter worth $112,000. Truist Financial Corp acquired a new stake in First Trust SSI Strategic Convertible Securities ETF during the 4th quarter worth $831,000. Caldwell Trust Co acquired a new stake in First Trust SSI Strategic Convertible Securities ETF during the 4th quarter worth $28,000. Concurrent Investment Advisors LLC raised its stake in First Trust SSI Strategic Convertible Securities ETF by 112.0% during the 4th quarter. Concurrent Investment Advisors LLC now owns 347,194 shares of the company’s stock worth $14,941,000 after buying an additional 183,410 shares during the period. Finally, Stratos Wealth Partners LTD. raised its stake in First Trust SSI Strategic Convertible Securities ETF by 3.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 14,300 shares of the company’s stock worth $615,000 after buying an additional 520 shares during the period.

First Trust SSI Strategic Convertible Securities ETF Stock Down 2.0%

Shares of First Trust SSI Strategic Convertible Securities ETF stock opened at $51.40 on Friday. First Trust SSI Strategic Convertible Securities ETF has a 12 month low of $36.43 and a 12 month high of $52.55. The stock’s fifty day simple moving average is $47.28 and its 200 day simple moving average is $45.45.

First Trust SSI Strategic Convertible Securities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a dividend of $0.045 per share. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Tuesday, April 21st.

First Trust SSI Strategic Convertible Securities ETF Profile

(Free Report)

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.

Further Reading

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

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