First Trust California Municipal High Income ETF $FCAL Stake Trimmed by Vaquero Private Wealth Ltd.

Vaquero Private Wealth Ltd. lessened its holdings in First Trust California Municipal High Income ETF (NASDAQ:FCAL) by 96.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,050 shares of the financial services provider’s stock after selling 131,822 shares during the quarter. Vaquero Private Wealth Ltd.’s holdings in First Trust California Municipal High Income ETF were worth $233,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of FCAL. Smith Chas P & Associates PA Cpas bought a new position in shares of First Trust California Municipal High Income ETF in the 2nd quarter valued at $117,872,000. NewEdge Advisors LLC raised its holdings in shares of First Trust California Municipal High Income ETF by 31,414.1% during the 2nd quarter. NewEdge Advisors LLC now owns 2,275,951 shares of the financial services provider’s stock worth $113,006,000 after buying an additional 2,268,729 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of First Trust California Municipal High Income ETF by 31,398.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,700,588 shares of the financial services provider’s stock worth $84,438,000 after buying an additional 1,695,189 shares in the last quarter. Baird Financial Group Inc. acquired a new position in shares of First Trust California Municipal High Income ETF during the 2nd quarter worth $23,377,000. Finally, Citizens Business Bank bought a new stake in shares of First Trust California Municipal High Income ETF during the 1st quarter worth $5,809,000. Institutional investors and hedge funds own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Stock Down 0.1%

Shares of FCAL stock opened at $47.44 on Thursday. First Trust California Municipal High Income ETF has a twelve month low of $45.78 and a twelve month high of $50.13. The company has a market cap of $211.11 million, a P/E ratio of 124.84 and a beta of 0.26. The business has a fifty day simple moving average of $47.26 and a 200 day simple moving average of $48.85.

First Trust California Municipal High Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st will be given a $0.1450 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Wednesday, October 21st. First Trust California Municipal High Income ETF’s payout ratio is currently 444.74%.

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.