First Trust Income Opportunities ETF (NASDAQ:FCEF) Announces $0.14 Dividend

First Trust Income Opportunities ETF (NASDAQ:FCEF) announced a dividend on Wednesday, June 10th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 11th will be given a dividend of 0.1375 per share on Tuesday, June 30th. The ex-dividend date of this dividend is Thursday, June 11th.

First Trust Income Opportunities ETF Price Performance

Shares of NASDAQ:FCEF traded up $0.03 on Thursday, hitting $23.49. The company’s stock had a trading volume of 16,163 shares, compared to its average volume of 18,278. The company has a 50-day simple moving average of $23.48 and a 200 day simple moving average of $23.24. First Trust Income Opportunities ETF has a 1 year low of $21.80 and a 1 year high of $24.07. The company has a market capitalization of $73.99 million, a PE ratio of 19.88 and a beta of 0.77.

Hedge Funds Weigh In On First Trust Income Opportunities ETF

A number of large investors have recently modified their holdings of the company. Capital Investment Advisory Services LLC raised its holdings in shares of First Trust Income Opportunities ETF by 2.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 457,362 shares of the company’s stock valued at $10,506,000 after buying an additional 12,463 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of First Trust Income Opportunities ETF by 4.8% during the 3rd quarter. Raymond James Financial Inc. now owns 126,954 shares of the company’s stock valued at $2,905,000 after buying an additional 5,856 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. raised its holdings in shares of First Trust Income Opportunities ETF by 1.1% during the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 60,686 shares of the company’s stock valued at $1,394,000 after buying an additional 682 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of First Trust Income Opportunities ETF by 58.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 56,788 shares of the company’s stock valued at $1,304,000 after buying an additional 21,030 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of First Trust Income Opportunities ETF by 14.4% during the 1st quarter. Cetera Investment Advisers now owns 47,416 shares of the company’s stock valued at $1,067,000 after buying an additional 5,977 shares in the last quarter.

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. FCEF was launched on Sep 27, 2016 and is managed by First Trust.