First Trust California Municipal High Income ETF (NASDAQ:FCAL) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers lifted its holdings in First Trust California Municipal High Income ETF (NASDAQ:FCAL) by 6.9% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,000 shares of the financial services provider’s stock after purchasing an additional 3,612 shares during the period. Cetera Investment Advisers owned approximately 1.00% of First Trust California Municipal High Income ETF worth $2,718,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Miracle Mile Advisors LLC lifted its stake in First Trust California Municipal High Income ETF by 4.7% in the first quarter. Miracle Mile Advisors LLC now owns 1,999,125 shares of the financial services provider’s stock worth $97,038,000 after acquiring an additional 89,948 shares during the last quarter. Citizens Business Bank lifted its position in shares of First Trust California Municipal High Income ETF by 35.8% during the 4th quarter. Citizens Business Bank now owns 128,886 shares of the financial services provider’s stock worth $6,363,000 after buying an additional 33,958 shares during the last quarter. Guggenheim Capital LLC lifted its position in shares of First Trust California Municipal High Income ETF by 248.7% during the 4th quarter. Guggenheim Capital LLC now owns 57,315 shares of the financial services provider’s stock worth $2,830,000 after buying an additional 40,880 shares during the last quarter. Mariner LLC lifted its position in shares of First Trust California Municipal High Income ETF by 11.7% during the 4th quarter. Mariner LLC now owns 47,146 shares of the financial services provider’s stock worth $2,328,000 after buying an additional 4,927 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of First Trust California Municipal High Income ETF by 48.5% during the 4th quarter. Jane Street Group LLC now owns 41,685 shares of the financial services provider’s stock worth $2,058,000 after buying an additional 13,611 shares during the last quarter. Institutional investors and hedge funds own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Trading Down 0.1%

Shares of NASDAQ:FCAL opened at $47.78 on Thursday. The company has a market capitalization of $198.29 million, a PE ratio of 125.74 and a beta of 0.15. First Trust California Municipal High Income ETF has a twelve month low of $46.44 and a twelve month high of $50.54. The firm has a 50 day simple moving average of $47.81 and a 200-day simple moving average of $48.41.

First Trust California Municipal High Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 22nd were issued a $0.132 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, July 22nd. First Trust California Municipal High Income ETF’s payout ratio is presently 405.26%.

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.