First Trust California Municipal High Income ETF (NASDAQ:FCAL) Stock Price Passes Above 200 Day Moving Average of $51.70

First Trust California Municipal High Income ETF (NASDAQ:FCAL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $51.70 and traded as high as $53.66. First Trust California Municipal High Income ETF shares last traded at $53.65, with a volume of 887 shares traded.

The firm has a fifty day moving average of $52.82 and a 200 day moving average of $51.70.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 31st. Investors of record on Wednesday, July 24th were issued a $0.125 dividend. The ex-dividend date was Tuesday, July 23rd. This represents a $1.50 annualized dividend and a yield of 2.79%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Spectrum Wealth Advisory Group LLC acquired a new stake in shares of First Trust California Municipal High Income ETF in the first quarter valued at $2,747,000. Bank of America Corp DE boosted its stake in shares of First Trust California Municipal High Income ETF by 39.7% during the 4th quarter. Bank of America Corp DE now owns 120,507 shares of the financial services provider’s stock valued at $6,051,000 after buying an additional 34,237 shares during the period. Towerpoint Wealth LLC acquired a new stake in shares of First Trust California Municipal High Income ETF during the 2nd quarter valued at $1,462,000. Commonwealth Equity Services LLC acquired a new stake in shares of First Trust California Municipal High Income ETF during the 2nd quarter valued at $1,221,000. Finally, Advisor Group Inc. acquired a new stake in shares of First Trust California Municipal High Income ETF during the 2nd quarter valued at $991,000.

First Trust California Municipal High Income ETF Company Profile (NASDAQ:FCAL)

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.

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