First Trust Indxx Global Natural Resources Income ETF (FTRI) to Issue Quarterly Dividend of $0.08 on September 30th

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) declared a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of $0.0799 per share on Wednesday, September 30th. This represents a $0.32 annualized dividend and a yield of 1.8%. The ex-dividend date is Thursday, September 24th. This is a 15.4% decrease from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.0945.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

FTRI stock opened at $17.41 on Friday. The company has a market capitalization of $121.87 million, a price-to-earnings ratio of 15.66 and a beta of 0.59. The stock has a fifty day moving average of $17.67 and a 200-day moving average of $17.38. First Trust Indxx Global Natural Resources Income ETF has a fifty-two week low of $14.45 and a fifty-two week high of $19.13.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Western Wealth Management LLC bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the first quarter valued at about $62,000. Van Diest Capital LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the 4th quarter valued at about $248,000. Manchester Financial Inc. bought a new stake in First Trust Indxx Global Natural Resources Income ETF during the fourth quarter valued at approximately $300,000. Focus Financial Network Inc. lifted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 4.3% during the 2nd quarter. Focus Financial Network Inc. now owns 19,894 shares of the company’s stock worth $316,000 after acquiring an additional 821 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC lifted its stake in First Trust Indxx Global Natural Resources Income ETF by 22.7% during the first quarter. Walkner Condon Financial Advisors LLC now owns 20,131 shares of the company’s stock worth $359,000 after purchasing an additional 3,722 shares during the last quarter.

First Trust Indxx Global Natural Resources Income ETF Company Profile

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.