Clear Creek Financial Management LLC Cuts Stock Holdings in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Clear Creek Financial Management LLC trimmed its stake in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 17.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,601 shares of the company’s stock after selling 1,168 shares during the period. Clear Creek Financial Management LLC’s holdings in First Trust High Income Strategic Focus ETF were worth $245,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Synergy Asset Management LLC purchased a new position in First Trust High Income Strategic Focus ETF during the fourth quarter valued at $59,000. CreativeOne Wealth LLC purchased a new position in First Trust High Income Strategic Focus ETF during the third quarter valued at $353,000. Proactive Wealth Strategies LLC purchased a new position in First Trust High Income Strategic Focus ETF during the third quarter valued at $565,000. Finally, tru Independence LLC grew its stake in shares of First Trust High Income Strategic Focus ETF by 19.1% in the 3rd quarter. tru Independence LLC now owns 52,515 shares of the company’s stock worth $2,388,000 after buying an additional 8,433 shares in the last quarter. 51.36% of the stock is owned by hedge funds and other institutional investors.

First Trust High Income Strategic Focus ETF Stock Down 0.2 %

Shares of NASDAQ:HISF opened at $43.95 on Monday. First Trust High Income Strategic Focus ETF has a 52 week low of $42.95 and a 52 week high of $45.96. The stock has a market capitalization of $43.95 million, a P/E ratio of 0.06 and a beta of 0.46. The firm has a fifty day simple moving average of $44.03 and a two-hundred day simple moving average of $44.58.

First Trust High Income Strategic Focus ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a $0.172 dividend. This is a boost from First Trust High Income Strategic Focus ETF’s previous dividend of $0.17. The ex-dividend date was Wednesday, January 22nd.

First Trust High Income Strategic Focus ETF 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.