First Trust California Municipal High Income ETF (NASDAQ:FCAL) Shares Cross Above 200 Day Moving Average of $52.09

First Trust California Municipal High Income ETF (NASDAQ:FCAL)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $52.09 and traded as high as $53.37. First Trust California Municipal High Income ETF shares last traded at $53.37, with a volume of 2,899 shares changing hands.

The company’s 50 day moving average price is $53.37 and its 200-day moving average price is $52.09.

The firm also recently announced a monthly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 22nd were issued a $0.12 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.70%.

Large investors have recently modified their holdings of the stock. Spectrum Wealth Advisory Group LLC acquired a new position in First Trust California Municipal High Income ETF in the first quarter valued at approximately $2,747,000. Towerpoint Wealth LLC acquired a new position in shares of First Trust California Municipal High Income ETF during the second quarter worth approximately $1,462,000. Commonwealth Equity Services LLC bought a new position in shares of First Trust California Municipal High Income ETF in the second quarter valued at $1,221,000. Advisor Group Inc. bought a new position in shares of First Trust California Municipal High Income ETF in the second quarter valued at $991,000. Finally, LPL Financial LLC grew its holdings in shares of First Trust California Municipal High Income ETF by 47.0% during the second quarter. LPL Financial LLC now owns 40,247 shares of the financial services provider’s stock valued at $2,111,000 after buying an additional 12,865 shares during the last quarter.

About First Trust California Municipal High Income ETF (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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