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

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) declared a dividend on Wednesday, May 20th, NASDAQ Dividends reports. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.19 per share on Friday, May 29th. The ex-dividend date of this dividend is Thursday, May 21st.

First Trust High Income Strategic Focus ETF Trading Down 0.4%

Shares of NASDAQ:HISF traded down $0.18 during trading on Thursday, reaching $44.08. The company had a trading volume of 10,665 shares, compared to its average volume of 12,068. The company has a fifty day moving average of $44.53 and a two-hundred day moving average of $44.99. The stock has a market capitalization of $90.36 million, a P/E ratio of 0.06 and a beta of 0.27. First Trust High Income Strategic Focus ETF has a 12 month low of $43.66 and a 12 month high of $45.61.

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

A number of institutional investors have recently made changes to their positions in HISF. Geneos Wealth Management Inc. increased its holdings in shares of First Trust High Income Strategic Focus ETF by 59.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 701,803 shares of the company’s stock worth $31,118,000 after buying an additional 261,046 shares during the last quarter. LPL Financial LLC increased its position in shares of First Trust High Income Strategic Focus ETF by 30.6% during the 4th quarter. LPL Financial LLC now owns 209,368 shares of the company’s stock valued at $9,473,000 after purchasing an additional 49,082 shares during the last quarter. Betterment LLC bought a new position in shares of First Trust High Income Strategic Focus ETF during the 3rd quarter valued at about $1,914,000. Commonwealth Equity Services LLC increased its position in shares of First Trust High Income Strategic Focus ETF by 38.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 129,548 shares of the company’s stock valued at $5,861,000 after purchasing an additional 35,807 shares during the last quarter. Finally, Royal Bank of Canada increased its position 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 valued at $2,799,000 after purchasing an additional 26,452 shares during the last quarter. 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.