Atria Wealth Solutions Inc. Has $265,000 Stock Position in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Atria Wealth Solutions Inc. decreased its stake in First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 16.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,044 shares of the company’s stock after selling 1,169 shares during the period. Atria Wealth Solutions Inc. owned approximately 0.60% of First Trust High Income Strategic Focus ETF worth $265,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Synergy Asset Management LLC acquired a new stake in shares of First Trust High Income Strategic Focus ETF in the fourth quarter worth $59,000. CreativeOne Wealth LLC bought a new position in First Trust High Income Strategic Focus ETF in the third quarter worth $353,000. Proactive Wealth Strategies LLC bought a new position in First Trust High Income Strategic Focus ETF in the third quarter worth $565,000. Finally, tru Independence LLC lifted its position in First Trust High Income Strategic Focus ETF by 19.1% in the third quarter. tru Independence LLC now owns 52,515 shares of the company’s stock worth $2,388,000 after purchasing an additional 8,433 shares during the period. Institutional investors and hedge funds own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Price Performance

Shares of HISF stock opened at $44.53 on Friday. The stock has a market cap of $44.53 million, a P/E ratio of 0.06 and a beta of 0.46. First Trust High Income Strategic Focus ETF has a one year low of $42.95 and a one year high of $45.96. The stock has a fifty day moving average price of $43.93 and a 200 day moving average price of $44.53.

First Trust High Income Strategic Focus ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a dividend of $0.172 per share. The ex-dividend date was Friday, February 21st.

First Trust High Income Strategic Focus ETF Company 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.