Private Trust Co. NA Buys 1,058 Shares of First Trust California Municipal High Income ETF $FCAL

Private Trust Co. NA boosted its stake in shares of First Trust California Municipal High Income ETF (NASDAQ:FCAL) by 319.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,389 shares of the financial services provider’s stock after buying an additional 1,058 shares during the quarter. Private Trust Co. NA’s holdings in First Trust California Municipal High Income ETF were worth $67,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in First Trust California Municipal High Income ETF by 2.4% during the 1st 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 in the last quarter. Cetera Investment Advisers lifted its holdings in First Trust California Municipal High Income ETF by 6.9% during the 1st quarter. Cetera Investment Advisers now owns 56,000 shares of the financial services provider’s stock valued at $2,718,000 after buying an additional 3,612 shares in the last quarter. Southland Equity Partners LLC lifted its holdings in First Trust California Municipal High Income ETF by 33.6% during the 2nd quarter. Southland Equity Partners LLC now owns 54,231 shares of the financial services provider’s stock valued at $2,601,000 after buying an additional 13,651 shares in the last quarter. Compound Planning Inc. lifted its holdings in First Trust California Municipal High Income ETF by 18.1% during the 1st quarter. Compound Planning Inc. now owns 41,646 shares of the financial services provider’s stock valued at $2,021,000 after buying an additional 6,382 shares in the last quarter. Finally, Magnus Financial Group LLC lifted its holdings in First Trust California Municipal High Income ETF by 27.8% during the 2nd quarter. Magnus Financial Group LLC now owns 40,752 shares of the financial services provider’s stock valued at $1,955,000 after buying an additional 8,860 shares in the last quarter. Institutional investors own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Stock Performance

NASDAQ FCAL opened at $49.35 on Friday. The company has a market capitalization of $192.47 million, a price-to-earnings ratio of 129.87 and a beta of 0.15. The company’s 50-day simple moving average is $48.56 and its two-hundred day simple moving average is $48.11. First Trust California Municipal High Income ETF has a one year low of $46.44 and a one year high of $50.54.

First Trust California Municipal High Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be given a dividend of $0.135 per share. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 3.3%. First Trust California Municipal High Income ETF’s dividend payout ratio (DPR) is 410.53%.

First Trust California Municipal High Income ETF Company 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.