Altus Wealth Group LLC Takes Position in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Altus Wealth Group LLC acquired a new position in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,895 shares of the company’s stock, valued at approximately $258,000. Altus Wealth Group LLC owned about 0.59% of First Trust High Income Strategic Focus ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CreativeOne Wealth LLC acquired a new stake in shares of First Trust High Income Strategic Focus ETF during the third quarter valued at about $353,000. tru Independence LLC increased its holdings in First Trust High Income Strategic Focus ETF by 7.9% in the 4th 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 during the last quarter. Synergy Asset Management LLC purchased a new stake in First Trust High Income Strategic Focus ETF in the fourth quarter valued at approximately $59,000. SRS Capital Advisors Inc. purchased a new position in shares of First Trust High Income Strategic Focus ETF during the fourth quarter worth $241,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of First Trust High Income Strategic Focus ETF in the fourth quarter valued at $685,000. 51.36% of the stock is currently owned by hedge funds and other institutional investors.

First Trust High Income Strategic Focus ETF Trading Down 0.1 %

HISF stock opened at $44.25 on Friday. The business’s fifty day moving average price is $44.04 and its 200 day moving average price is $44.47. First Trust High Income Strategic Focus ETF has a 12-month low of $42.95 and a 12-month high of $45.96. The company 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 firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.172 per share. The ex-dividend date was Friday, February 21st.

First Trust High Income Strategic Focus ETF Company 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.