tru Independence LLC Has $2.48 Million Stock Position in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

tru Independence LLC grew its position in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 7.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,646 shares of the company’s stock after buying an additional 4,131 shares during the quarter. tru Independence LLC owned approximately 0.06% of First Trust High Income Strategic Focus ETF worth $2,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, CreativeOne Wealth LLC bought a new stake in shares of First Trust High Income Strategic Focus ETF during the 3rd quarter worth about $353,000. Institutional investors and hedge funds own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Stock Performance

Shares of HISF stock opened at $43.79 on Monday. The stock’s 50 day simple moving average is $44.05 and its 200 day simple moving average is $44.59. First Trust High Income Strategic Focus ETF has a twelve month low of $42.95 and a twelve month high of $45.96. The company has a market capitalization of $43.79 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 company also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a $0.172 dividend. This is a boost from First Trust High Income Strategic Focus ETF’s previous dividend of $0.17. The ex-dividend date is Wednesday, January 22nd.

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.