First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Announces Quarterly Dividend of $0.62

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be paid a dividend of 0.6211 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Thursday, June 25th. This is a 330.1% increase from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.14.

First Trust Indxx Innovative Transaction & Process ETF Stock Down 0.7%

NASDAQ:LEGR traded down $0.44 during midday trading on Thursday, hitting $63.96. The stock had a trading volume of 1,684 shares, compared to its average volume of 6,347. First Trust Indxx Innovative Transaction & Process ETF has a one year low of $52.47 and a one year high of $67.72. The company has a market capitalization of $131.12 million, a price-to-earnings ratio of 14.62 and a beta of 0.86. The stock has a 50-day moving average of $64.44 and a 200 day moving average of $61.53.

Hedge Funds Weigh In On First Trust Indxx Innovative Transaction & Process ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wells Fargo & Company MN increased its position in First Trust Indxx Innovative Transaction & Process ETF by 22,400.0% during the 4th quarter. Wells Fargo & Company MN now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 448 shares during the period. Western Wealth Management LLC purchased a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF in the 1st quarter worth approximately $141,000. Sound Income Strategies LLC boosted its stake in shares of First Trust Indxx Innovative Transaction & Process ETF by 3,412.8% during the fourth quarter. Sound Income Strategies LLC now owns 2,740 shares of the company’s stock valued at $169,000 after purchasing an additional 2,662 shares in the last quarter. Vertex Planning Partners LLC bought a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the fourth quarter valued at approximately $208,000. Finally, Prospera Financial Services Inc purchased a new position in First Trust Indxx Innovative Transaction & Process ETF during the fourth quarter valued at approximately $215,000.

First Trust Indxx Innovative Transaction & Process ETF Company Profile

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an exchange-traded fund that is based on the Indxx Blockchain index. The fund tracks an index of global equities selected based on their exposure to the development or usage of blockchain technology. LEGR was launched on Jan 24, 2018 and is managed by First Trust.