Synergy Asset Management LLC Takes Position in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Posted by Ed Jones on Jan 31st, 2025

Synergy Asset Management LLC acquired a new position in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,302 shares of the company’s stock, valued at approximately $59,000.

Several other large investors have also modified their holdings of the company. tru Independence LLC lifted its position in First Trust High Income Strategic Focus ETF by 7.9% during the 4th quarter. tru Independence LLC now owns 56,646 shares of the company’s stock worth $2,480,000 after acquiring an additional 4,131 shares during the last quarter. CreativeOne Wealth LLC acquired a new position in shares of First Trust High Income Strategic Focus ETF during the 3rd quarter worth about $353,000. Finally, Proactive Wealth Strategies LLC bought a new stake in First Trust High Income Strategic Focus ETF during the 3rd quarter valued at approximately $565,000. 51.36% of the stock is owned by institutional investors.

First Trust High Income Strategic Focus ETF Stock Up 0.2 %

Shares of NASDAQ HISF opened at $44.02 on Friday. First Trust High Income Strategic Focus ETF has a 12 month low of $42.95 and a 12 month high of $45.96. The company has a market cap of $44.02 million, a P/E ratio of 0.06 and a beta of 0.46. The business’s 50 day moving average is $44.03 and its two-hundred day moving average is $44.59.

First Trust High Income Strategic Focus ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a dividend of $0.172 per share. The ex-dividend date of this dividend is Wednesday, January 22nd. This is a positive change from First Trust High Income Strategic Focus ETF’s previous dividend of $0.17.

First Trust High Income Strategic Focus ETF Profile

(Free Report)

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.