Cambridge Investment Research Advisors Inc. trimmed its position in First Trust California Municipal High Income ETF (NASDAQ:FCAL – Get Rating) by 6.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 13,217 shares of the financial services provider's stock after selling 960 shares during the period. Cambridge Investment Research Advisors Inc.'s holdings in First Trust California Municipal High Income ETF were worth $619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. WCG Wealth Advisors LLC purchased a new stake in shares of First Trust California Municipal High Income ETF in the second quarter valued at about $309,000. Mutual Advisors LLC boosted its holdings in First Trust California Municipal High Income ETF by 1.0% in the 2nd quarter. Mutual Advisors LLC now owns 26,951 shares of the financial services provider's stock valued at $1,304,000 after purchasing an additional 261 shares in the last quarter. UBS Group AG acquired a new position in First Trust California Municipal High Income ETF during the 2nd quarter worth approximately $40,000. SeaCrest Wealth Management LLC purchased a new position in shares of First Trust California Municipal High Income ETF during the 2nd quarter worth approximately $41,000. Finally, Summit Wealth & Retirement Planning Inc. lifted its holdings in shares of First Trust California Municipal High Income ETF by 21.7% in the 2nd quarter. Summit Wealth & Retirement Planning Inc. now owns 5,621 shares of the financial services provider's stock valued at $272,000 after buying an additional 1,001 shares during the period.
Get
First Trust California Municipal High Income ETF alerts:
First Trust California Municipal High Income ETF Stock Performance
First Trust California Municipal High Income ETF stock opened at $48.74 on Monday. The stock's 50 day moving average price is $48.08 and its 200 day moving average price is $48.28. First Trust California Municipal High Income ETF has a 1-year low of $46.15 and a 1-year high of $54.60.
First Trust California Municipal High Income ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Friday, December 30th. Stockholders of record on Tuesday, December 27th were issued a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date was Friday, December 23rd. This is an increase from First Trust California Municipal High Income ETF's previous monthly dividend of $0.11.
First Trust California Municipal High Income ETF Profile
(Get Rating)
First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank's operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.
Read More
- Get a free copy of the StockNews.com research report on First Trust California Municipal High Income ETF (FCAL)
- Is Goldman Sachs as Good as Gold in Your Portfolio?
- Will LI Auto Be the Least Hated Chinese EV Stock in 2023?
- Which Streaming Service Stock is Best in 2023?
- Here's Why Snap Stock Can Double in 2023
- MarketBeat: Week in Review 01/02-01/06
Want to see what other hedge funds are holding FCAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust California Municipal High Income ETF (NASDAQ:FCAL – Get Rating).
Receive News & Ratings for First Trust California Municipal High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust California Municipal High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.