First Trust High Income Strategic Focus ETF $HISF Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its position in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 38.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 129,548 shares of the company’s stock after buying an additional 35,807 shares during the period. Commonwealth Equity Services LLC owned approximately 6.82% of First Trust High Income Strategic Focus ETF worth $5,861,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in HISF. AE Wealth Management LLC increased its holdings in shares of First Trust High Income Strategic Focus ETF by 168.9% during the 3rd quarter. AE Wealth Management LLC now owns 1,358 shares of the company’s stock worth $61,000 after buying an additional 853 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of First Trust High Income Strategic Focus ETF during the 4th quarter worth $68,000. Ameritas Advisory Services LLC boosted its position in First Trust High Income Strategic Focus ETF by 52.8% during the 3rd quarter. Ameritas Advisory Services LLC now owns 4,355 shares of the company’s stock worth $197,000 after purchasing an additional 1,504 shares during the period. Citadel Advisors LLC purchased a new stake in First Trust High Income Strategic Focus ETF during the 3rd quarter worth $498,000. Finally, Flow Traders U.S. LLC purchased a new stake in First Trust High Income Strategic Focus ETF during the 3rd quarter worth $550,000. 51.36% of the stock is currently owned by institutional investors and hedge funds.

First Trust High Income Strategic Focus ETF Trading Down 0.4%

Shares of First Trust High Income Strategic Focus ETF stock opened at $44.18 on Friday. The company has a fifty day moving average price of $44.44 and a 200 day moving average price of $44.91. First Trust High Income Strategic Focus ETF has a twelve month low of $43.89 and a twelve month high of $45.61. The stock has a market cap of $90.57 million, a price-to-earnings ratio of 0.06 and a beta of 0.27.

First Trust High Income Strategic Focus ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Thursday, May 21st.

First Trust High Income Strategic Focus ETF 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.