First Trust California Municipal High Income ETF Declares Dividend of $0.14 (NASDAQ:FCAL)

First Trust California Municipal High Income ETF (NASDAQ:FCAL) declared a dividend on Monday, April 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 21st will be given a dividend of 0.142 per share by the financial services provider on Thursday, April 30th. The ex-dividend date is Tuesday, April 21st.

First Trust California Municipal High Income ETF Price Performance

NASDAQ:FCAL opened at $49.58 on Tuesday. The company has a market cap of $210.72 million, a P/E ratio of 130.47 and a beta of 0.27. The firm’s fifty day moving average price is $49.50 and its two-hundred day moving average price is $49.40. First Trust California Municipal High Income ETF has a one year low of $47.23 and a one year high of $50.13.

Institutional Investors Weigh In On First Trust California Municipal High Income ETF

Institutional investors have recently modified their holdings of the business. LPL Financial LLC raised its holdings in shares of First Trust California Municipal High Income ETF by 2.6% during the 4th quarter. LPL Financial LLC now owns 872,810 shares of the financial services provider’s stock worth $43,036,000 after buying an additional 22,277 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of First Trust California Municipal High Income ETF by 4,304.3% in the fourth quarter. NewEdge Advisors LLC now owns 314,073 shares of the financial services provider’s stock worth $15,486,000 after purchasing an additional 306,942 shares during the last quarter. Royal Bank of Canada increased its holdings in First Trust California Municipal High Income ETF by 2.4% in 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 purchasing an additional 3,039 shares during the period. Jane Street Group LLC increased its holdings in First Trust California Municipal High Income ETF by 171.0% in the second quarter. Jane Street Group LLC now owns 88,954 shares of the financial services provider’s stock valued at $4,267,000 after purchasing an additional 56,132 shares during the period. Finally, Cetera Investment Advisers raised its position in First Trust California Municipal High Income ETF by 6.5% during the 4th quarter. Cetera Investment Advisers now owns 79,558 shares of the financial services provider’s stock worth $3,923,000 after purchasing an additional 4,888 shares during the last quarter. Institutional investors own 54.39% of the company’s stock.

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.