First Trust High Income Strategic Focus ETF (NASDAQ:HISF) Announces $0.18 Dividend

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) declared a dividend on Thursday, August 20th, NASDAQ Dividends reports. Investors of record on Friday, August 21st will be given a dividend of 0.182 per share on Monday, August 31st. The ex-dividend date is Friday, August 21st.

First Trust High Income Strategic Focus ETF Stock Performance

NASDAQ:HISF traded down $0.20 during mid-day trading on Friday, reaching $43.78. The stock had a trading volume of 5,782 shares, compared to its average volume of 10,005. The firm has a market capitalization of $98.50 million, a price-to-earnings ratio of 0.06 and a beta of 0.27. First Trust High Income Strategic Focus ETF has a twelve month low of $43.68 and a twelve month high of $45.61. The business has a 50 day simple moving average of $44.13 and a 200 day simple moving average of $44.50.

Institutional Trading of First Trust High Income Strategic Focus ETF

Hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC lifted its holdings in First Trust High Income Strategic Focus ETF by 38.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 129,548 shares of the company’s stock valued at $5,861,000 after acquiring an additional 35,807 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of First Trust High Income Strategic Focus ETF by 59.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 701,803 shares of the company’s stock worth $31,118,000 after purchasing an additional 261,046 shares during the period. Royal Bank of Canada grew its stake in shares of First Trust High Income Strategic Focus ETF by 72.1% during the 1st quarter. Royal Bank of Canada now owns 63,120 shares of the company’s stock worth $2,799,000 after purchasing an additional 26,452 shares during the period. Prospera Financial Services Inc increased its holdings in shares of First Trust High Income Strategic Focus ETF by 5.4% in the 4th quarter. Prospera Financial Services Inc now owns 26,740 shares of the company’s stock valued at $1,210,000 after purchasing an additional 1,380 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of First Trust High Income Strategic Focus ETF in the 4th quarter valued at about $68,000. 51.36% of the stock is owned by institutional investors and hedge funds.

About First Trust High Income Strategic Focus ETF

The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.