Jane Street Group LLC Buys 5,447 Shares of First Trust California Municipal High Income ETF (NASDAQ:FCAL)

Jane Street Group LLC boosted its position in First Trust California Municipal High Income ETF (NASDAQ:FCAL) by 24.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,074 shares of the financial services provider’s stock after purchasing an additional 5,447 shares during the period. Jane Street Group LLC’s holdings in First Trust California Municipal High Income ETF were worth $1,409,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. HighTower Advisors LLC grew its holdings in First Trust California Municipal High Income ETF by 9.0% during the third quarter. HighTower Advisors LLC now owns 15,688 shares of the financial services provider’s stock valued at $788,000 after purchasing an additional 1,298 shares during the period. Harbour Investments Inc. raised its position in shares of First Trust California Municipal High Income ETF by 7.5% during the 2nd quarter. Harbour Investments Inc. now owns 6,708 shares of the financial services provider’s stock valued at $332,000 after purchasing an additional 466 shares during the period. Cetera Investment Advisers raised its position in shares of First Trust California Municipal High Income ETF by 17.4% during the 2nd quarter. Cetera Investment Advisers now owns 42,826 shares of the financial services provider’s stock valued at $2,121,000 after purchasing an additional 6,350 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of First Trust California Municipal High Income ETF by 5.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 18,395 shares of the financial services provider’s stock valued at $911,000 after buying an additional 969 shares in the last quarter. Finally, Ignite Planners LLC boosted its holdings in First Trust California Municipal High Income ETF by 1.1% in the 3rd quarter. Ignite Planners LLC now owns 31,303 shares of the financial services provider’s stock worth $1,571,000 after buying an additional 332 shares during the period. 54.39% of the stock is currently owned by institutional investors.

First Trust California Municipal High Income ETF Stock Performance

Shares of FCAL stock opened at $49.32 on Friday. The stock has a fifty day simple moving average of $49.80 and a two-hundred day simple moving average of $49.87. The firm has a market capitalization of $258.93 million, a PE ratio of 129.79 and a beta of 0.15. First Trust California Municipal High Income ETF has a 52-week low of $47.43 and a 52-week high of $50.54.

First Trust California Municipal High Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.1275 per share. This represents a $1.53 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Friday, December 13th. First Trust California Municipal High Income ETF’s dividend payout ratio (DPR) is currently 386.84%.

First Trust California Municipal High Income ETF Company Profile

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.