First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Increases Dividend to $0.18 Per Share

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 25th will be given a dividend of 0.1798 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, June 25th. This is a 441.6% increase from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03.

First Trust Indxx Global Agriculture ETF Trading Down 0.4%

Shares of NASDAQ:FTAG traded down $0.12 on Thursday, reaching $28.15. 364 shares of the company traded hands, compared to its average volume of 7,452. The stock has a market capitalization of $15.20 million, a P/E ratio of 22.24 and a beta of 0.66. The business’s 50-day simple moving average is $29.28 and its 200 day simple moving average is $28.69. First Trust Indxx Global Agriculture ETF has a 52 week low of $24.98 and a 52 week high of $31.13.

Hedge Funds Weigh In On First Trust Indxx Global Agriculture ETF

Large investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new stake in First Trust Indxx Global Agriculture ETF in the second quarter valued at approximately $305,000. Virtu Financial LLC increased its stake in shares of First Trust Indxx Global Agriculture ETF by 8.1% in the third quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock worth $345,000 after buying an additional 1,007 shares during the period. Commonwealth Equity Services LLC raised its holdings in First Trust Indxx Global Agriculture ETF by 14.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock valued at $768,000 after buying an additional 3,615 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its position in First Trust Indxx Global Agriculture ETF by 28.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock valued at $1,163,000 after buying an additional 10,056 shares during the period.

About First Trust Indxx Global Agriculture ETF

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.