Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Announces Monthly Dividend of $0.20

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) announced a monthly dividend on Monday, June 29th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.1956 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 9.1%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 3.8% increase from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.19.

Innovator Index Autocallable Income Strategy ETF Stock Up 1.2%

Shares of NYSEARCA:ACII opened at $25.82 on Tuesday. Innovator Index Autocallable Income Strategy ETF has a 12 month low of $24.69 and a 12 month high of $26.87. The firm has a 50-day simple moving average of $25.75.

Institutional Investors Weigh In On Innovator Index Autocallable Income Strategy ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brookstone Capital Management bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF in the 1st quarter valued at approximately $15,806,000. Talon Private Wealth LLC purchased a new position in shares of Innovator Index Autocallable Income Strategy ETF in the 1st quarter worth approximately $15,724,000. Cornerstone Wealth LLC TN bought a new position in shares of Innovator Index Autocallable Income Strategy ETF during the 1st quarter valued at approximately $2,783,000. Founders Financial Securities LLC increased its position in shares of Innovator Index Autocallable Income Strategy ETF by 127.5% during the 1st quarter. Founders Financial Securities LLC now owns 96,665 shares of the company’s stock valued at $2,464,000 after purchasing an additional 54,184 shares during the last quarter. Finally, Evolution Wealth Management Inc. raised its holdings in Innovator Index Autocallable Income Strategy ETF by 23.5% during the 1st quarter. Evolution Wealth Management Inc. now owns 19,427 shares of the company’s stock valued at $487,000 after buying an additional 3,695 shares during the period. 68.45% of the stock is currently owned by hedge funds and other institutional investors.