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

First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) declared a monthly dividend on Monday, July 20th. Investors of record on Tuesday, July 21st will be paid a dividend of 0.061 per share by the technology company on Friday, July 31st. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, July 21st.

First Trust Flexible Municipal High Income ETF Stock Down 0.1%

MFLX stock opened at $17.25 on Tuesday. The business has a 50 day moving average price of $17.26 and a two-hundred day moving average price of $17.17. The company has a market cap of $21.56 million, a price-to-earnings ratio of 16.91 and a beta of 0.38. First Trust Flexible Municipal High Income ETF has a twelve month low of $16.18 and a twelve month high of $17.95.

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

Several large investors have recently made changes to their positions in MFLX. Harbour Investments Inc. grew its stake 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. Susquehanna International Group LLP bought a new stake in First Trust Flexible Municipal High Income ETF during the third quarter worth $786,000. Cetera Investment Advisers raised its position in First Trust Flexible Municipal High Income ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 41,729 shares of the technology company’s stock worth $700,000 after acquiring an additional 1,164 shares in the last quarter. Osaic Holdings Inc. raised its position in First Trust Flexible Municipal High Income ETF by 29.3% during the second quarter. Osaic Holdings Inc. now owns 40,907 shares of the technology company’s stock worth $678,000 after acquiring an additional 9,276 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in First Trust Flexible Municipal High Income ETF by 69.0% in the second quarter. Benjamin Edwards Inc. now owns 22,156 shares of the technology company’s stock valued at $367,000 after acquiring an additional 9,046 shares during the last quarter. Institutional investors and hedge funds own 31.03% of the company’s stock.

About First Trust Flexible Municipal High Income ETF

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.