Ameritas Advisory Services LLC Decreases Stock Holdings in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Ameritas Advisory Services LLC lowered its stake in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 47.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,677 shares of the company’s stock after selling 4,275 shares during the period. Ameritas Advisory Services LLC owned approximately 0.47% of First Trust High Income Strategic Focus ETF worth $205,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. CreativeOne Wealth LLC bought a new position in First Trust High Income Strategic Focus ETF during the third quarter valued at approximately $353,000. Proactive Wealth Strategies LLC purchased a new stake in First Trust High Income Strategic Focus ETF during the 3rd quarter valued at $565,000. Finally, tru Independence LLC lifted its holdings in shares of First Trust High Income Strategic Focus ETF by 19.1% during the 3rd quarter. tru Independence LLC now owns 52,515 shares of the company’s stock valued at $2,388,000 after buying an additional 8,433 shares during the period. Hedge funds and other institutional investors own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Price Performance

Shares of HISF opened at $43.76 on Friday. The firm has a market capitalization of $43.76 million, a P/E ratio of 0.06 and a beta of 0.46. First Trust High Income Strategic Focus ETF has a one year low of $42.95 and a one year high of $45.96. The business has a fifty day moving average of $44.05 and a 200 day moving average of $44.59.

First Trust High Income Strategic Focus ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a dividend of $0.172 per share. This is a positive change from First Trust High Income Strategic Focus ETF’s previous dividend of $0.17. The ex-dividend date of this dividend is Wednesday, January 22nd.

About First Trust High Income Strategic Focus ETF

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.