Capital Investment Advisory Services LLC Has $249,000 Holdings in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Capital Investment Advisory Services LLC lessened its stake in First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,560 shares of the company’s stock after selling 250 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in First Trust High Income Strategic Focus ETF were worth $249,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in shares of First Trust High Income Strategic Focus ETF in the 4th quarter valued at approximately $1,935,000. Atria Wealth Solutions Inc. lifted its holdings in First Trust High Income Strategic Focus ETF by 40.2% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 7,647 shares of the company’s stock valued at $327,000 after purchasing an additional 2,191 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in First Trust High Income Strategic Focus ETF by 21.0% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 7,941 shares of the company’s stock valued at $339,000 after purchasing an additional 1,377 shares during the last quarter. Finally, Raymond James & Associates acquired a new stake in First Trust High Income Strategic Focus ETF during the 4th quarter valued at $252,000. Institutional investors and hedge funds own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Price Performance

Shares of First Trust High Income Strategic Focus ETF stock opened at $43.15 on Thursday. The business has a fifty day simple moving average of $43.96 and a two-hundred day simple moving average of $43.79. First Trust High Income Strategic Focus ETF has a 1 year low of $41.73 and a 1 year high of $44.98. The company has a market capitalization of $32.36 million, a price-to-earnings ratio of 0.06 and a beta of 0.46.

First Trust High Income Strategic Focus ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th will be issued a dividend of $0.1666 per share. This is an increase from First Trust High Income Strategic Focus ETF’s previous monthly dividend of $0.16. The ex-dividend date is Tuesday, April 23rd. This represents a $2.00 annualized dividend and a yield of 4.63%.

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.