First Trust California Municipal High Income ETF (NASDAQ:FCAL) Shares Cross Above 200-Day Moving Average of $52.97

First Trust California Municipal High Income ETF (NASDAQ:FCAL) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $52.97 and traded as high as $53.31. First Trust California Municipal High Income ETF shares last traded at $53.31, with a volume of 100 shares trading hands.

The stock’s 50-day moving average is $53.19 and its 200 day moving average is $52.97.

The business also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $1.26 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend was Thursday, November 21st.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. First Allied Advisory Services Inc. purchased a new position in First Trust California Municipal High Income ETF during the third quarter valued at approximately $27,000. D.A. Davidson & CO. purchased a new position in First Trust California Municipal High Income ETF during the third quarter valued at approximately $2,351,000. Towerpoint Wealth LLC grew its position in First Trust California Municipal High Income ETF by 170.8% in the third quarter. Towerpoint Wealth LLC now owns 75,020 shares of the financial services provider’s stock worth $3,995,000 after acquiring an additional 47,320 shares in the last quarter. Strategic Wealth Advisors Group LLC grew its position in First Trust California Municipal High Income ETF by 12.6% in the third quarter. Strategic Wealth Advisors Group LLC now owns 21,745 shares of the financial services provider’s stock worth $1,160,000 after acquiring an additional 2,439 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in First Trust California Municipal High Income ETF by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 23,662 shares of the financial services provider’s stock worth $1,260,000 after acquiring an additional 377 shares in the last quarter.

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.

See Also: Initial Coin Offering (ICO)

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