Commonwealth Equity Services LLC Acquires Shares of 23,285 First Trust California Municipal High Income ETF (NASDAQ:FCAL)

Commonwealth Equity Services LLC acquired a new stake in First Trust California Municipal High Income ETF (NASDAQ:FCAL) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,285 shares of the financial services provider’s stock, valued at approximately $1,221,000. Commonwealth Equity Services LLC owned approximately 3.88% of First Trust California Municipal High Income ETF at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Strategic Wealth Advisors Group LLC lifted its position in shares of First Trust California Municipal High Income ETF by 20.1% during the 1st quarter. Strategic Wealth Advisors Group LLC now owns 16,782 shares of the financial services provider’s stock valued at $857,000 after acquiring an additional 2,806 shares during the period. Bank of America Corp DE lifted its position in shares of First Trust California Municipal High Income ETF by 39.7% during the 4th quarter. Bank of America Corp DE now owns 120,507 shares of the financial services provider’s stock valued at $6,051,000 after acquiring an additional 34,237 shares during the period. Finally, Spectrum Wealth Advisory Group LLC bought a new stake in shares of First Trust California Municipal High Income ETF during the 1st quarter valued at $2,747,000.

NASDAQ:FCAL opened at $53.30 on Friday. The firm’s fifty day moving average is $52.65. First Trust California Municipal High Income ETF has a fifty-two week low of $48.95 and a fifty-two week high of $53.40.

The business also recently announced a monthly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 24th were given a dividend of $0.125 per share. The ex-dividend date was Tuesday, July 23rd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.81%.

About First Trust California Municipal High Income ETF

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.

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Institutional Ownership by Quarter for First Trust California Municipal High Income ETF (NASDAQ:FCAL)

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