tru Independence LLC Purchases 1,739 Shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

tru Independence LLC increased its holdings in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF) by 4.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,082 shares of the company’s stock after acquiring an additional 1,739 shares during the period. tru Independence LLC’s holdings in First Trust High Income Strategic Focus ETF were worth $1,930,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in First Trust High Income Strategic Focus ETF in the 2nd quarter valued at $46,000. Raymond James Trust N.A. acquired a new stake in First Trust High Income Strategic Focus ETF in the 2nd quarter valued at about $246,000. Waterloo Capital L.P. acquired a new stake in shares of First Trust High Income Strategic Focus ETF in the fourth quarter valued at approximately $336,000. CreativeOne Wealth LLC bought a new stake in shares of First Trust High Income Strategic Focus ETF during the first quarter worth $339,000. Finally, Commonwealth Equity Services LLC raised its holdings in First Trust High Income Strategic Focus ETF by 9.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 26,999 shares of the company’s stock worth $1,194,000 after purchasing an additional 2,415 shares during the last quarter. Institutional investors and hedge funds own 51.36% of the company’s stock.

First Trust High Income Strategic Focus ETF Trading Up 0.0 %

NASDAQ:HISF opened at $45.46 on Friday. The firm has a market capitalization of $45.46 million, a price-to-earnings ratio of 0.06 and a beta of 0.46. The business’s 50-day moving average price is $44.66 and its two-hundred day moving average price is $44.12. First Trust High Income Strategic Focus ETF has a 1-year low of $41.73 and a 1-year high of $45.60.

First Trust High Income Strategic Focus ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were paid a dividend of $0.177 per share. This represents a $2.12 annualized dividend and a yield of 4.67%. The ex-dividend date of this dividend was Wednesday, August 21st.

About First Trust High Income Strategic Focus ETF

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.