First Trust High Income Strategic Focus ETF (NASDAQ:HISF) Raises 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 positive change from First Trust High Income Strategic Focus ETF’s previous dividend of $0.17.

First Trust High Income Strategic Focus ETF Stock Performance

NASDAQ HISF traded down $0.14 on Wednesday, hitting $43.85. 2,980 shares of the stock were exchanged, compared to its average volume of 3,222. First Trust High Income Strategic Focus ETF has a 52-week low of $42.95 and a 52-week high of $45.96. The firm has a market capitalization of $43.85 million, a P/E ratio of 0.06 and a beta of 0.46. The stock has a fifty day moving average price of $44.07 and a two-hundred day moving average price of $44.60.

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.