WCG Wealth Advisors LLC Acquires Shares of 10,766 First Trust California Municipal High Income ETF $FCAL

WCG Wealth Advisors LLC acquired a new stake in First Trust California Municipal High Income ETF (NASDAQ:FCAL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,766 shares of the financial services provider’s stock, valued at approximately $531,000.

Several other large investors also recently bought and sold shares of the company. Royal Bank of Canada grew its position in First Trust California Municipal High Income ETF by 2.4% in the first quarter. Royal Bank of Canada now owns 130,218 shares of the financial services provider’s stock valued at $6,321,000 after acquiring an additional 3,039 shares in the last quarter. Jane Street Group LLC grew its position in First Trust California Municipal High Income ETF by 171.0% in the second quarter. Jane Street Group LLC now owns 88,954 shares of the financial services provider’s stock valued at $4,267,000 after acquiring an additional 56,132 shares in the last quarter. Ignite Planners LLC grew its position in First Trust California Municipal High Income ETF by 14.1% in the fourth quarter. Ignite Planners LLC now owns 60,382 shares of the financial services provider’s stock valued at $2,992,000 after acquiring an additional 7,461 shares in the last quarter. Magnus Financial Group LLC grew its position in First Trust California Municipal High Income ETF by 2.4% in the fourth quarter. Magnus Financial Group LLC now owns 44,094 shares of the financial services provider’s stock valued at $2,174,000 after acquiring an additional 1,045 shares in the last quarter. Finally, UBS Group AG grew its position in First Trust California Municipal High Income ETF by 8.4% in the fourth quarter. UBS Group AG now owns 43,252 shares of the financial services provider’s stock valued at $2,133,000 after acquiring an additional 3,344 shares in the last quarter. Institutional investors and hedge funds own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Stock Down 0.0%

Shares of NASDAQ:FCAL opened at $49.48 on Friday. First Trust California Municipal High Income ETF has a 52-week low of $47.35 and a 52-week high of $50.13. The company has a 50 day moving average of $49.25 and a two-hundred day moving average of $49.40. The company has a market capitalization of $210.29 million, a price-to-earnings ratio of 130.21 and a beta of 0.26.

First Trust California Municipal High Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were paid a dividend of $0.143 per share. This is an increase from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.14. The ex-dividend date was Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 3.5%. First Trust California Municipal High Income ETF’s dividend payout ratio (DPR) is currently 431.58%.

First Trust California Municipal High Income ETF Company Profile

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.