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

First Trust California Municipal High Income ETF (NASDAQ:FCAL) declared a monthly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of 0.145 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 0.7% increase from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.14.

First Trust California Municipal High Income ETF Price Performance

Shares of FCAL opened at $46.84 on Thursday. The stock has a 50-day moving average of $48.36 and a 200-day moving average of $49.01. The company has a market cap of $213.10 million, a PE ratio of 123.25 and a beta of 0.25. First Trust California Municipal High Income ETF has a one year low of $46.82 and a one year high of $50.13.

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

A number of institutional investors have recently made changes to their positions in the business. Integral Investment Advisors Inc. lifted its stake in First Trust California Municipal High Income ETF by 0.8% during the 1st quarter. Integral Investment Advisors Inc. now owns 32,755 shares of the financial services provider’s stock valued at $1,601,000 after acquiring an additional 250 shares during the period. Triumph Capital Management bought a new stake in First Trust California Municipal High Income ETF in the 2nd quarter worth approximately $25,000. Fifth Third Bancorp purchased a new stake in shares of First Trust California Municipal High Income ETF during the 1st quarter valued at about $47,000. CLG LLC raised its holdings in First Trust California Municipal High Income ETF by 15.5% during the 1st quarter. CLG LLC now owns 10,286 shares of the financial services provider’s stock valued at $503,000 after buying an additional 1,378 shares during the period. Finally, D.A. Davidson & CO. grew its stake in shares of First Trust California Municipal High Income ETF by 19.4% during the first quarter. D.A. Davidson & CO. now owns 9,299 shares of the financial services provider’s stock valued at $455,000 after buying an additional 1,511 shares during the last quarter. Hedge funds and other institutional investors own 54.39% of the company’s stock.

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.