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

Shares of First Trust California Municipal High Income ETF (NASDAQ:FCAL) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.

The company’s fifty day simple moving average is $53.19 and its two-hundred day simple moving average is $52.97.

The firm also recently declared a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 22nd were issued a $0.105 dividend. This represents a $1.26 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend was Thursday, November 21st.

Several hedge funds and other institutional investors have recently bought and sold shares of FCAL. Commonwealth Equity Services LLC acquired a new position in shares of First Trust California Municipal High Income ETF in the 2nd quarter valued at about $1,221,000. Advisor Group Inc. acquired a new position in shares of First Trust California Municipal High Income ETF in the 2nd quarter valued at about $991,000. Towerpoint Wealth LLC acquired a new position in shares of First Trust California Municipal High Income ETF in the 2nd quarter valued at about $1,462,000. LPL Financial LLC boosted its holdings in shares of First Trust California Municipal High Income ETF by 47.0% in the 2nd 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 period. Finally, HighTower Advisors LLC boosted its holdings in shares of First Trust California Municipal High Income ETF by 29.2% in the 2nd quarter. HighTower Advisors LLC now owns 9,066 shares of the financial services provider’s stock valued at $476,000 after buying an additional 2,051 shares during the period.

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.

Featured Article: Stock Split

Receive News & Ratings for First Trust California Municipal High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust California Municipal High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.