First Trust High Income Strategic Focus ETF Announces Dividend of $0.19 (NASDAQ:HISF)

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) declared a dividend on Wednesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.193 per share on Tuesday, March 31st. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust High Income Strategic Focus ETF Price Performance

Shares of NASDAQ HISF traded down $0.48 during midday trading on Thursday, reaching $44.03. 1,227 shares of the stock traded hands, compared to its average volume of 13,707. The company’s 50 day moving average is $45.12 and its 200 day moving average is $45.22. First Trust High Income Strategic Focus ETF has a one year low of $43.22 and a one year high of $45.61. The stock has a market capitalization of $83.66 million, a PE ratio of 0.06 and a beta of 0.31.

Hedge Funds Weigh In On First Trust High Income Strategic Focus ETF

Several institutional investors have recently bought and sold shares of HISF. Royal Bank of Canada grew its stake in shares of First Trust High Income Strategic Focus ETF by 8.0% in the 1st quarter. Royal Bank of Canada now owns 40,248 shares of the company’s stock worth $1,781,000 after buying an additional 2,996 shares in the last quarter. CreativeOne Wealth LLC raised its position in shares of First Trust High Income Strategic Focus ETF by 20.5% during the 2nd quarter. CreativeOne Wealth LLC now owns 11,353 shares of the company’s stock valued at $508,000 after buying an additional 1,935 shares in the last quarter. Private Trust Co. NA bought a new position in shares of First Trust High Income Strategic Focus ETF in the 3rd quarter valued at about $43,000. Perigon Wealth Management LLC lifted its holdings in shares of First Trust High Income Strategic Focus ETF by 7.3% in the 3rd quarter. Perigon Wealth Management LLC now owns 27,181 shares of the company’s stock valued at $1,228,000 after acquiring an additional 1,846 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in First Trust High Income Strategic Focus ETF in the third quarter worth about $12,644,000. Institutional investors own 51.36% of the company’s stock.

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.