WESPAC Advisors SoCal LLC Acquires Shares of 15,287 First Trust California Municipal High Income ETF $FCAL

WESPAC Advisors SoCal LLC acquired a new stake in First Trust California Municipal High Income ETF (NASDAQ:FCAL) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,287 shares of the financial services provider’s stock, valued at approximately $746,000. WESPAC Advisors SoCal LLC owned approximately 0.39% of First Trust California Municipal High Income ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of FCAL. Royal Bank of Canada increased its holdings in First Trust California Municipal High Income ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 130,218 shares of the financial services provider’s stock valued at $6,321,000 after buying an additional 3,039 shares during the last quarter. Citizens Business Bank grew its stake in First Trust California Municipal High Income ETF by 2.1% during the second quarter. Citizens Business Bank now owns 125,718 shares of the financial services provider’s stock valued at $6,031,000 after acquiring an additional 2,643 shares in the last quarter. Guggenheim Capital LLC increased its holdings in First Trust California Municipal High Income ETF by 24.8% in the 2nd quarter. Guggenheim Capital LLC now owns 105,477 shares of the financial services provider’s stock valued at $5,060,000 after acquiring an additional 20,964 shares during the last quarter. Jane Street Group LLC lifted its stake in First Trust California Municipal High Income ETF by 171.0% in the 2nd quarter. Jane Street Group LLC now owns 88,954 shares of the financial services provider’s stock worth $4,267,000 after purchasing an additional 56,132 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in First Trust California Municipal High Income ETF by 17.7% in the 2nd quarter. Cetera Investment Advisers now owns 65,904 shares of the financial services provider’s stock worth $3,161,000 after purchasing an additional 9,904 shares in the last quarter. Institutional investors own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Stock Up 0.0%

Shares of First Trust California Municipal High Income ETF stock opened at $49.33 on Monday. First Trust California Municipal High Income ETF has a twelve month low of $46.44 and a twelve month high of $50.11. The business has a 50-day moving average price of $49.30 and a 200-day moving average price of $48.60. The firm has a market cap of $202.25 million, a price-to-earnings ratio of 129.82 and a beta of 0.25.

First Trust California Municipal High Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.136 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, December 12th. First Trust California Municipal High Income ETF’s dividend payout ratio is currently 418.42%.

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.