Waterloo Capital L.P. Purchases Shares of 7,489 First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Waterloo Capital L.P. acquired a new stake in First Trust High Income Strategic Focus ETF (NASDAQ:HISFFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,489 shares of the company’s stock, valued at approximately $336,000. Waterloo Capital L.P. owned approximately 1.07% of First Trust High Income Strategic Focus ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in HISF. International Assets Investment Management LLC acquired a new position in shares of First Trust High Income Strategic Focus ETF in the fourth quarter valued at approximately $1,935,000. Raymond James & Associates acquired a new position in shares of First Trust High Income Strategic Focus ETF in the fourth quarter valued at approximately $252,000. Finally, Atria Wealth Solutions Inc. grew its holdings in shares of First Trust High Income Strategic Focus ETF by 40.2% in the third quarter. Atria Wealth Solutions Inc. now owns 7,647 shares of the company’s stock valued at $327,000 after purchasing an additional 2,191 shares in the last quarter. Institutional investors and hedge funds own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Stock Performance

Shares of HISF stock opened at $43.72 on Monday. First Trust High Income Strategic Focus ETF has a fifty-two week low of $41.73 and a fifty-two week high of $44.98. The company has a 50 day moving average price of $43.57 and a 200 day moving average price of $44.04. The stock has a market capitalization of $32.79 million, a P/E ratio of 0.06 and a beta of 0.46.

First Trust High Income Strategic Focus ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 22nd were paid a $0.1676 dividend. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a $2.01 dividend on an annualized basis and a yield of 4.60%.

First Trust High Income Strategic Focus ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

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