Clear Creek Financial Management LLC Sells 1,168 Shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Clear Creek Financial Management LLC cut its holdings in First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 17.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,601 shares of the company’s stock after selling 1,168 shares during the period. Clear Creek Financial Management LLC owned 0.56% of First Trust High Income Strategic Focus ETF worth $245,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new position in First Trust High Income Strategic Focus ETF in the fourth quarter worth approximately $59,000. CreativeOne Wealth LLC bought a new position in First Trust High Income Strategic Focus ETF in the third quarter worth approximately $353,000. Proactive Wealth Strategies LLC bought a new stake in shares of First Trust High Income Strategic Focus ETF during the 3rd quarter valued at $565,000. Finally, tru Independence LLC raised its position 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 purchasing an additional 8,433 shares during the period. 51.36% of the stock is currently owned by institutional investors.

First Trust High Income Strategic Focus ETF Price Performance

Shares of HISF stock opened at $43.95 on Monday. The company has a market capitalization of $43.95 million, a price-to-earnings 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 company’s fifty day moving average price is $44.03 and its 200-day moving average price is $44.58.

First Trust High Income Strategic Focus ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a dividend of $0.172 per share. This is an increase from First Trust High Income Strategic Focus ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.