Tidemark LLC Acquires Shares of 6,283 First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Tidemark LLC bought a new position in First Trust High Income Strategic Focus ETF (NASDAQ:HISF) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,283 shares of the company’s stock, valued at approximately $275,000.

A number of other large investors have also made changes to their positions in the company. CreativeOne Wealth LLC acquired a new position in First Trust High Income Strategic Focus ETF in the 3rd quarter worth approximately $353,000. tru Independence LLC lifted its holdings in shares of First Trust High Income Strategic Focus ETF by 7.9% in the fourth quarter. tru Independence LLC now owns 56,646 shares of the company’s stock valued at $2,480,000 after purchasing an additional 4,131 shares in the last quarter. 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. SRS Capital Advisors Inc. purchased a new position in shares of First Trust High Income Strategic Focus ETF during the fourth quarter valued at $241,000. Finally, Raymond James Financial Inc. acquired a new position in First Trust High Income Strategic Focus ETF during the fourth quarter valued at $685,000. Institutional investors and hedge funds own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Trading Down 0.1 %

Shares of NASDAQ HISF opened at $44.25 on Friday. First Trust High Income Strategic Focus ETF has a one year low of $42.95 and a one year high of $45.96. The business has a 50-day moving average price of $44.04 and a two-hundred day moving average price of $44.47. The firm has a market capitalization of $44.25 million, a PE ratio of 0.06 and a beta of 0.46.

First Trust High Income Strategic Focus ETF Dividend Announcement

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

About First Trust High Income Strategic Focus ETF

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.