First Trust California Municipal High Income ETF (NASDAQ:FCAL) Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. decreased its stake in First Trust California Municipal High Income ETF (NASDAQ:FCAL) by 3.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 25,547 shares of the financial services provider’s stock after selling 850 shares during the quarter. Integral Investment Advisors Inc. owned 0.46% of First Trust California Municipal High Income ETF worth $1,261,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the company. Jane Street Group LLC boosted its position in First Trust California Municipal High Income ETF by 24.1% during the third quarter. Jane Street Group LLC now owns 28,074 shares of the financial services provider’s stock valued at $1,409,000 after purchasing an additional 5,447 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of First Trust California Municipal High Income ETF in the third quarter valued at $124,000. HighTower Advisors LLC boosted its stake in First Trust California Municipal High Income ETF by 9.0% in the 3rd quarter. HighTower Advisors LLC now owns 15,688 shares of the financial services provider’s stock valued at $788,000 after buying an additional 1,298 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in First Trust California Municipal High Income ETF by 37.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,606 shares of the financial services provider’s stock valued at $331,000 after purchasing an additional 1,783 shares during the last quarter. Finally, Townsquare Capital LLC acquired a new position in shares of First Trust California Municipal High Income ETF during the third quarter valued at $406,000. Institutional investors and hedge funds own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Price Performance

First Trust California Municipal High Income ETF stock opened at $49.31 on Friday. First Trust California Municipal High Income ETF has a fifty-two week low of $48.26 and a fifty-two week high of $50.54. The firm has a market capitalization of $271.21 million, a price-to-earnings ratio of 129.76 and a beta of 0.15. The company’s 50 day simple moving average is $49.33 and its 200 day simple moving average is $49.77.

First Trust California Municipal High Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.129 per share. This is a boost from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.13. This represents a $1.55 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend is Friday, February 21st. First Trust California Municipal High Income ETF’s dividend payout ratio (DPR) is currently 392.11%.

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.