Perigon Wealth Management LLC Acquires 973 Shares of First Trust High Income Strategic Focus ETF $HISF

Perigon Wealth Management LLC increased its position in First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,335 shares of the company’s stock after buying an additional 973 shares during the period. Perigon Wealth Management LLC owned 2.20% of First Trust High Income Strategic Focus ETF worth $1,133,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. CreativeOne Wealth LLC grew its stake in shares of First Trust High Income Strategic Focus ETF by 2.9% in the 1st quarter. CreativeOne Wealth LLC now owns 9,418 shares of the company’s stock valued at $417,000 after buying an additional 262 shares during the period. Royal Bank of Canada grew its stake in shares of First Trust High Income Strategic Focus ETF by 8.0% in the 1st quarter. Royal Bank of Canada now owns 40,248 shares of the company’s stock valued at $1,781,000 after buying an additional 2,996 shares during the period. Finally, tru Independence LLC grew its stake in shares of First Trust High Income Strategic Focus ETF by 5.9% in the 2nd quarter. tru Independence LLC now owns 58,583 shares of the company’s stock valued at $2,619,000 after buying an additional 3,280 shares during the period. 51.36% of the stock is currently owned by institutional investors and hedge funds.

First Trust High Income Strategic Focus ETF Price Performance

Shares of HISF opened at $45.08 on Friday. The stock has a 50-day moving average of $44.91 and a 200-day moving average of $44.42. The company has a market cap of $51.84 million, a PE ratio of 0.06 and a beta of 0.46. First Trust High Income Strategic Focus ETF has a one year low of $43.22 and a one year high of $45.64.

First Trust High Income Strategic Focus ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th will be paid a $0.182 dividend. The ex-dividend date is Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a boost from First Trust High Income Strategic Focus ETF’s previous monthly dividend of $0.18.

First Trust High Income Strategic Focus ETF 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.