Geneos Wealth Management Inc. Takes $12.64 Million Position in First Trust High Income Strategic Focus ETF $HISF

Geneos Wealth Management Inc. bought a new stake in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 279,920 shares of the company’s stock, valued at approximately $12,644,000. Geneos Wealth Management Inc. owned approximately 21.53% of First Trust High Income Strategic Focus ETF at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC boosted its position in shares of First Trust High Income Strategic Focus ETF by 7.3% in the third quarter. Perigon Wealth Management LLC now owns 27,181 shares of the company’s stock worth $1,228,000 after buying an additional 1,846 shares during the period. Private Trust Co. NA acquired a new position in First Trust High Income Strategic Focus ETF during the 3rd quarter worth approximately $43,000. CreativeOne Wealth LLC boosted its holdings in First Trust High Income Strategic Focus ETF by 20.5% in the 2nd quarter. CreativeOne Wealth LLC now owns 11,353 shares of the company’s stock worth $508,000 after acquiring an additional 1,935 shares during the period. tru Independence LLC grew its position in First Trust High Income Strategic Focus ETF by 5.9% in the second quarter. tru Independence LLC now owns 58,583 shares of the company’s stock valued at $2,619,000 after acquiring an additional 3,280 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of First Trust High Income Strategic Focus ETF by 8.0% during the first quarter. Royal Bank of Canada now owns 40,248 shares of the company’s stock valued at $1,781,000 after purchasing an additional 2,996 shares during the period. 51.36% of the stock is currently owned by institutional investors and hedge funds.

First Trust High Income Strategic Focus ETF Trading Up 0.2%

Shares of HISF stock opened at $45.25 on Tuesday. The company has a market capitalization of $63.35 million, a PE ratio of 0.06 and a beta of 0.31. The firm has a fifty day simple moving average of $45.22 and a 200-day simple moving average of $45.03. First Trust High Income Strategic Focus ETF has a twelve month low of $43.22 and a twelve month high of $45.61.

First Trust High Income Strategic Focus ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.1919 per share. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust High Income Strategic Focus ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

First Trust High Income Strategic Focus ETF Company Profile

The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.