First Trust High Income Strategic Focus ETF (HISF) To Go Ex-Dividend on October 21st

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) announced a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be given a dividend of $0.1840 per share on Friday, October 30th. This represents a $2.21 annualized dividend and a yield of 5.2%. The ex-dividend date is Wednesday, October 21st.

First Trust High Income Strategic Focus ETF Stock Performance

First Trust High Income Strategic Focus ETF stock opened at $42.54 on Thursday. First Trust High Income Strategic Focus ETF has a fifty-two week low of $42.15 and a fifty-two week high of $45.58. The firm has a market capitalization of $97.84 million, a price-to-earnings ratio of 0.06 and a beta of 0.27. The stock’s fifty day moving average is $43.19 and its two-hundred day moving average is $43.92.

Institutional Investors Weigh In On First Trust High Income Strategic Focus ETF

Large investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its holdings in 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 valued at $31,118,000 after acquiring an additional 261,046 shares in the last quarter. Arwa LLC purchased a new stake in shares of First Trust High Income Strategic Focus ETF in the third quarter valued at about $3,412,000. tru Independence LLC lifted its holdings in shares of First Trust High Income Strategic Focus ETF by 2.8% in the third quarter. tru Independence LLC now owns 78,191 shares of the company’s stock valued at $3,306,000 after purchasing an additional 2,111 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust High Income Strategic Focus ETF by 216.5% in the second quarter. Envestnet Asset Management Inc. now owns 73,443 shares of the company’s stock valued at $3,255,000 after purchasing an additional 50,238 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of First Trust High Income Strategic Focus ETF by 72.1% in the first quarter. Royal Bank of Canada now owns 63,120 shares of the company’s stock valued at $2,799,000 after purchasing an additional 26,452 shares during the last quarter. 51.36% of the stock is owned by institutional investors and hedge funds.

First Trust High Income Strategic Focus ETF Company Profile

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.