10,766 Shares in First Trust California Municipal High Income ETF $FCAL Acquired by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC bought a new position in shares of First Trust California Municipal High Income ETF (NASDAQ:FCAL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,766 shares of the financial services provider’s stock, valued at approximately $531,000. WCG Wealth Advisors LLC owned approximately 0.26% of First Trust California Municipal High Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Comerica Bank acquired a new stake in First Trust California Municipal High Income ETF during the 3rd quarter worth approximately $48,000. Allworth Financial LP increased its position in First Trust California Municipal High Income ETF by 118.8% during the 4th quarter. Allworth Financial LP now owns 3,020 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 1,640 shares in the last quarter. Ameriflex Group Inc. increased its position in First Trust California Municipal High Income ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 3,086 shares of the financial services provider’s stock worth $151,000 after purchasing an additional 1,543 shares in the last quarter. Integrity Financial Corp WA increased its position in First Trust California Municipal High Income ETF by 6.6% during the 3rd quarter. Integrity Financial Corp WA now owns 5,055 shares of the financial services provider’s stock worth $247,000 after purchasing an additional 313 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC increased its position in First Trust California Municipal High Income ETF by 6.7% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 5,539 shares of the financial services provider’s stock worth $273,000 after purchasing an additional 350 shares in the last quarter. Institutional investors and hedge funds own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Stock Performance

FCAL opened at $49.48 on Friday. The firm has a 50 day moving average price of $49.25 and a 200 day moving average price of $49.40. The company has a market cap of $210.29 million, a PE ratio of 130.21 and a beta of 0.26. First Trust California Municipal High Income ETF has a 1 year low of $47.35 and a 1 year high of $50.13.

First Trust California Municipal High Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were given a $0.143 dividend. This represents a c) annualized dividend and a yield of 3.5%. This is a positive change from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Thursday, May 21st. First Trust California Municipal High Income ETF’s dividend payout ratio is 431.58%.

First Trust California Municipal High Income ETF Company Profile

First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.