Sanctuary Advisors LLC Raises Stock Holdings in First Trust Structured Credit Income Opportunities ETF $SCIO

Sanctuary Advisors LLC lifted its stake in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 34.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 117,583 shares of the company’s stock after acquiring an additional 29,855 shares during the quarter. Sanctuary Advisors LLC owned approximately 0.69% of First Trust Structured Credit Income Opportunities ETF worth $2,427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. First Trust Advisors LP raised its holdings in First Trust Structured Credit Income Opportunities ETF by 45.0% during the second quarter. First Trust Advisors LP now owns 39,091 shares of the company’s stock valued at $808,000 after acquiring an additional 12,135 shares during the period. Snowden Capital Advisors LLC purchased a new position in First Trust Structured Credit Income Opportunities ETF in the 2nd quarter worth approximately $1,687,000. Osaic Holdings Inc. bought a new position in First Trust Structured Credit Income Opportunities ETF in the 2nd quarter worth approximately $25,000. Citadel Advisors LLC bought a new position in First Trust Structured Credit Income Opportunities ETF in the 3rd quarter worth approximately $533,000. Finally, IFP Advisors Inc purchased a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at approximately $44,000. 0.83% of the stock is owned by hedge funds and other institutional investors.

First Trust Structured Credit Income Opportunities ETF Price Performance

Shares of SCIO opened at $20.50 on Wednesday. The firm has a market cap of $483.80 million, a P/E ratio of -270.75 and a beta of 0.07. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $20.43 and a 1 year high of $21.69. The company has a 50 day simple moving average of $20.64 and a two-hundred day simple moving average of $20.73.

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.