First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) Plans $0.06 Monthly Dividend

First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) announced a monthly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be given a dividend of 0.061 per share by the technology company on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Flexible Municipal High Income ETF Trading Up 0.7%

Shares of MFLX stock opened at $17.47 on Thursday. The stock has a 50 day moving average of $17.20 and a 200 day moving average of $17.13. The stock has a market cap of $19.22 million, a P/E ratio of 17.13 and a beta of 0.39. First Trust Flexible Municipal High Income ETF has a twelve month low of $16.18 and a twelve month high of $17.76.

Institutional Investors Weigh In On First Trust Flexible Municipal High Income ETF

Institutional investors have recently modified their holdings of the business. Cetera Investment Advisers increased its stake in shares of First Trust Flexible Municipal High Income ETF by 17.8% in the 2nd quarter. Cetera Investment Advisers now owns 13,106 shares of the technology company’s stock valued at $217,000 after purchasing an additional 1,979 shares in the last quarter. Benjamin Edwards Inc. boosted its position in First Trust Flexible Municipal High Income ETF by 69.0% during the second quarter. Benjamin Edwards Inc. now owns 22,156 shares of the technology company’s stock worth $367,000 after purchasing an additional 9,046 shares in the last quarter. Osaic Holdings Inc. grew its holdings in First Trust Flexible Municipal High Income ETF by 29.3% in the second quarter. Osaic Holdings Inc. now owns 40,907 shares of the technology company’s stock valued at $678,000 after purchasing an additional 9,276 shares during the period. Susquehanna International Group LLP acquired a new stake in First Trust Flexible Municipal High Income ETF in the third quarter valued at approximately $786,000. Finally, Harbour Investments Inc. increased its position in shares of First Trust Flexible Municipal High Income ETF by 0.6% in the fourth quarter. Harbour Investments Inc. now owns 121,659 shares of the technology company’s stock valued at $2,068,000 after buying an additional 740 shares in the last quarter. 31.03% of the stock is currently owned by institutional investors and hedge funds.

First Trust Flexible Municipal High Income ETF Company Profile

Multi-Fineline Electronix, Inc is engaged in the engineering, design and manufacture of flexible circuit boards along with related component assemblies. The Company provides flexible printed circuits and value-added component assembly solutions to the electronics industry. The Company provides its solutions to original equipment manufacturers (OEMs) and to electronic manufacturing services (EMS) providers. The Company offers products in a range of sectors, including smartphones, tablets, computer/data storage, portable bar code scanners, personal computers, wearables and other consumer electronic devices.