First Trust California Municipal High Income ETF (NASDAQ:FCAL – Get Rating) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $48.40 and traded as high as $49.05. First Trust California Municipal High Income ETF shares last traded at $48.88, with a volume of 11,808 shares.
First Trust California Municipal High Income ETF Stock Performance
The company has a 50 day moving average of $49.12 and a 200 day moving average of $48.40. The stock has a market capitalization of $107.54 million, a price-to-earnings ratio of 128.63 and a beta of 0.13.
Get
First Trust California Municipal High Income ETF alerts:
First Trust California Municipal High Income ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Tuesday, January 31st. Investors of record on Wednesday, January 25th were given a $0.112 dividend. The ex-dividend date of this dividend was Tuesday, January 24th. This is a boost from First Trust California Municipal High Income ETF's previous monthly dividend of $0.11. This represents a $1.34 dividend on an annualized basis and a dividend yield of 2.75%. First Trust California Municipal High Income ETF's dividend payout ratio is 307.89%.
Institutional Trading of First Trust California Municipal High Income ETF
Large investors have recently made changes to their positions in the company. Mutual Advisors LLC raised its stake in shares of First Trust California Municipal High Income ETF by 1.0% during the 2nd quarter. Mutual Advisors LLC now owns 26,951 shares of the financial services provider's stock worth $1,304,000 after buying an additional 261 shares in the last quarter. Warren Street Wealth Advisors LLC raised its stake in shares of First Trust California Municipal High Income ETF by 7.0% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 12,274 shares of the financial services provider's stock worth $594,000 after buying an additional 805 shares in the last quarter. UBS Group AG purchased a new position in shares of 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. raised its stake in shares of First Trust California Municipal High Income ETF by 21.7% during the 2nd quarter. Summit Wealth & Retirement Planning Inc. now owns 5,621 shares of the financial services provider's stock worth $272,000 after buying an additional 1,001 shares in the last quarter. 54.39% of the stock is owned by institutional investors and hedge funds.
First Trust California Municipal High Income ETF Company 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.
Recommended Stories
- Get a free copy of the StockNews.com research report on First Trust California Municipal High Income ETF (FCAL)
- Deere Stock Raises Outlook and is Ready to Power Higher
- DraftKings Crowning Achievement: Leverage
- Tesla Stock Comeback Is Picking Up Steam
- How Abbott Labs, AbbVie Could Profit on Seizure Drug Formula
- Is it Time to Fade the Rally in Generac Stock?
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.