First Trust California Municipal High Income ETF (NASDAQ:FCAL) Holdings Lifted by Ignite Planners LLC

Ignite Planners LLC raised its position in First Trust California Municipal High Income ETF (NASDAQ:FCAL) by 47.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,136 shares of the financial services provider’s stock after purchasing an additional 14,833 shares during the quarter. Ignite Planners LLC owned about 0.83% of First Trust California Municipal High Income ETF worth $2,279,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in FCAL. Miracle Mile Advisors LLC increased its position in First Trust California Municipal High Income ETF by 6.4% in the 4th quarter. Miracle Mile Advisors LLC now owns 1,909,177 shares of the financial services provider’s stock valued at $94,256,000 after acquiring an additional 114,040 shares during the period. LPL Financial LLC increased its holdings in shares of First Trust California Municipal High Income ETF by 14.2% during the second quarter. LPL Financial LLC now owns 664,470 shares of the financial services provider’s stock valued at $32,905,000 after purchasing an additional 82,860 shares during the period. Rockefeller Capital Management L.P. bought a new stake in shares of First Trust California Municipal High Income ETF during the third quarter valued at about $1,004,000. Blue Zone Wealth Advisors LLC acquired a new stake in First Trust California Municipal High Income ETF in the third quarter worth about $742,000. Finally, Townsquare Capital LLC acquired a new stake in First Trust California Municipal High Income ETF in the third quarter worth about $406,000. Institutional investors own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Trading Down 0.4 %

First Trust California Municipal High Income ETF stock opened at $48.92 on Tuesday. First Trust California Municipal High Income ETF has a 52 week low of $47.43 and a 52 week high of $50.54. The stock has a market cap of $271.51 million, a price-to-earnings ratio of 128.74 and a beta of 0.15. The company’s 50-day moving average price is $49.71 and its two-hundred day moving average price is $49.85.

First Trust California Municipal High Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.1275 per share. The ex-dividend date was Friday, December 13th. This represents a $1.53 annualized dividend and a yield of 3.13%. First Trust California Municipal High Income ETF’s payout ratio is 386.84%.

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.