118,812 Shares in First Trust California Municipal High Income ETF $FCAL Purchased by Citizens Business Bank

Citizens Business Bank acquired a new stake in shares of First Trust California Municipal High Income ETF (NASDAQ:FCAL) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 118,812 shares of the financial services provider’s stock, valued at approximately $5,809,000.

A number of other large investors have also made changes to their positions in the stock. Commonwealth Equity Services LLC lifted its position in First Trust California Municipal High Income ETF by 1.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 19,146 shares of the financial services provider’s stock worth $944,000 after buying an additional 225 shares in the last quarter. Integral Investment Advisors Inc. grew its holdings in First Trust California Municipal High Income ETF by 0.8% in 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 buying an additional 250 shares in the last quarter. Kingswood Wealth Advisors LLC increased its stake in shares of First Trust California Municipal High Income ETF by 6.7% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 5,539 shares of the financial services provider’s stock worth $273,000 after acquiring an additional 350 shares during the last quarter. Entruity Wealth LLC increased its stake in shares of First Trust California Municipal High Income ETF by 1.8% in the 4th quarter. Entruity Wealth LLC now owns 21,101 shares of the financial services provider’s stock worth $1,040,000 after acquiring an additional 366 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of First Trust California Municipal High Income ETF by 6.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,044 shares of the financial services provider’s stock worth $298,000 after acquiring an additional 389 shares during the period. 54.39% of the stock is currently owned by hedge funds and other institutional investors.

First Trust California Municipal High Income ETF Price Performance

First Trust California Municipal High Income ETF stock opened at $49.50 on Monday. The firm has a 50 day simple moving average of $49.43 and a 200-day simple moving average of $49.46. The stock has a market cap of $222.75 million, a price-to-earnings ratio of 130.26 and a beta of 0.25. First Trust California Municipal High Income ETF has a 1-year low of $47.35 and a 1-year high of $50.13.

First Trust California Municipal High Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.143 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Thursday, June 25th. First Trust California Municipal High Income ETF’s dividend payout ratio is presently 434.21%.

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.