First Trust High Income Strategic Focus ETF (NASDAQ:HISF) Increases Dividend to $0.17 Per Share

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) announced a dividend on Tuesday, January 21st,NASDAQ Dividends reports. Investors of record on Wednesday, January 22nd will be given a dividend of 0.172 per share on Friday, January 31st. The ex-dividend date is Wednesday, January 22nd. This is a boost from First Trust High Income Strategic Focus ETF’s previous dividend of $0.17.

First Trust High Income Strategic Focus ETF Stock Performance

First Trust High Income Strategic Focus ETF stock traded down $0.14 during midday trading on Wednesday, reaching $43.85. 2,980 shares of the company were exchanged, compared to its average volume of 3,222. The company has a market capitalization of $43.85 million, a price-to-earnings ratio of 0.06 and a beta of 0.46. The firm’s 50-day simple moving average is $44.07 and its 200-day simple moving average is $44.60. First Trust High Income Strategic Focus ETF has a 1 year low of $42.95 and a 1 year high of $45.96.

About First Trust High Income Strategic Focus ETF

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.