Commonwealth Equity Services LLC Has $1.20 Million Stock Holdings in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Commonwealth Equity Services LLC increased its position in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 57.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,460 shares of the company’s stock after acquiring an additional 10,005 shares during the period. Commonwealth Equity Services LLC owned about 2.75% of First Trust High Income Strategic Focus ETF worth $1,202,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of HISF. Raymond James Financial Inc. acquired a new position in First Trust High Income Strategic Focus ETF in the 4th quarter worth about $685,000. CreativeOne Wealth LLC bought a new stake in shares of First Trust High Income Strategic Focus ETF in the 3rd quarter valued at approximately $353,000. SRS Capital Advisors Inc. acquired a new position in First Trust High Income Strategic Focus ETF in the fourth quarter worth approximately $241,000. tru Independence LLC raised its position in First Trust High Income Strategic Focus ETF by 7.9% during the fourth quarter. tru Independence LLC now owns 56,646 shares of the company’s stock valued at $2,480,000 after acquiring an additional 4,131 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in First Trust High Income Strategic Focus ETF in the fourth quarter valued at approximately $59,000. Institutional investors and hedge funds own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Stock Up 0.3 %

HISF stock opened at $44.21 on Monday. The firm has a 50 day moving average of $44.18 and a two-hundred day moving average of $44.40. First Trust High Income Strategic Focus ETF has a 12 month low of $42.95 and a 12 month high of $45.96. The company has a market capitalization of $44.21 million, a price-to-earnings ratio of 0.06 and a beta of 0.46.

First Trust High Income Strategic Focus ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.172 dividend. The ex-dividend date of this dividend is Thursday, March 27th.

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.