Tidemark LLC Acquires New Stake in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Tidemark LLC bought a new position in First Trust High Income Strategic Focus ETF (NASDAQ:HISF) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,283 shares of the company’s stock, valued at approximately $275,000. Tidemark LLC owned 0.63% of First Trust High Income Strategic Focus ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new stake in shares of First Trust High Income Strategic Focus ETF in the 4th quarter worth $59,000. SRS Capital Advisors Inc. bought a new stake in First Trust High Income Strategic Focus ETF in the fourth quarter worth about $241,000. CreativeOne Wealth LLC acquired a new stake in First Trust High Income Strategic Focus ETF in the 3rd quarter valued at about $353,000. HighTower Advisors LLC boosted its position in shares of First Trust High Income Strategic Focus ETF by 4.5% during the 4th quarter. HighTower Advisors LLC now owns 10,073 shares of the company’s stock valued at $441,000 after purchasing an additional 438 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of First Trust High Income Strategic Focus ETF in the 4th quarter worth approximately $685,000. 51.36% of the stock is owned by institutional investors.

First Trust High Income Strategic Focus ETF Price Performance

NASDAQ HISF opened at $44.25 on Friday. The company has a market capitalization of $44.25 million, a P/E ratio of 0.06 and a beta of 0.46. 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’s 50 day simple moving average is $44.04 and its 200 day simple moving average is $44.47.

First Trust High Income Strategic Focus ETF Dividend Announcement

The business also recently disclosed 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 of this dividend 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.