First Trust California Municipal High Income ETF (NASDAQ:FCAL) Holdings Trimmed by Southland Equity Partners LLC

Southland Equity Partners LLC trimmed its holdings in First Trust California Municipal High Income ETF (NASDAQ:FCAL) by 39.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,345 shares of the financial services provider’s stock after selling 28,298 shares during the quarter. Southland Equity Partners LLC owned 0.78% of First Trust California Municipal High Income ETF worth $2,140,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers lifted its holdings in shares of First Trust California Municipal High Income ETF by 17.4% during the second quarter. Cetera Investment Advisers now owns 42,826 shares of the financial services provider’s stock valued at $2,121,000 after purchasing an additional 6,350 shares during the last quarter. Miracle Mile Advisors LLC lifted its stake in First Trust California Municipal High Income ETF by 4.5% during the third quarter. Miracle Mile Advisors LLC now owns 1,795,137 shares of the financial services provider’s stock valued at $90,080,000 after buying an additional 77,896 shares in the last quarter. Ignite Planners LLC boosted its holdings in shares of First Trust California Municipal High Income ETF by 1.1% in the third quarter. Ignite Planners LLC now owns 31,303 shares of the financial services provider’s stock worth $1,571,000 after buying an additional 332 shares during the period. Blue Zone Wealth Advisors LLC purchased a new position in shares of First Trust California Municipal High Income ETF in the third quarter worth approximately $742,000. Finally, Johnson Bixby & Associates LLC purchased a new stake in shares of First Trust California Municipal High Income ETF in the 3rd quarter valued at approximately $202,000. Institutional investors and hedge funds own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Stock Down 0.3 %

Shares of NASDAQ:FCAL opened at $49.14 on Friday. The company’s fifty day moving average is $49.65 and its two-hundred day moving average is $49.83. The company has a market cap of $272.73 million, a P/E ratio of 129.32 and a beta of 0.15. First Trust California Municipal High Income ETF has a 12-month low of $48.26 and a 12-month high of $50.54.

First Trust California Municipal High Income ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be paid a $0.129 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. First Trust California Municipal High Income ETF’s dividend payout ratio is presently 389.47%.

First Trust California Municipal High Income ETF 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.