National Asset Management Inc. Buys New Stake in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

National Asset Management Inc. bought a new stake in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRIGet Rating) during the first quarter, HoldingsChannel.com reports. The fund bought 17,628 shares of the company’s stock, valued at approximately $292,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FTRI. Sigma Planning Corp bought a new stake in First Trust Indxx Global Natural Resources Income ETF in the first quarter valued at about $6,076,000. Kestra Advisory Services LLC increased its stake in First Trust Indxx Global Natural Resources Income ETF by 64.3% in the first quarter. Kestra Advisory Services LLC now owns 783,103 shares of the company’s stock valued at $12,968,000 after acquiring an additional 306,586 shares during the period. SFI Advisors LLC bought a new stake in First Trust Indxx Global Natural Resources Income ETF in the fourth quarter valued at about $2,010,000. Commonwealth Equity Services LLC increased its stake in First Trust Indxx Global Natural Resources Income ETF by 23.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 138,158 shares of the company’s stock valued at $1,915,000 after acquiring an additional 26,464 shares during the period. Finally, Koshinski Asset Management Inc. bought a new stake in First Trust Indxx Global Natural Resources Income ETF in the first quarter valued at about $323,000.

First Trust Indxx Global Natural Resources Income ETF Stock Up 1.9 %

Shares of First Trust Indxx Global Natural Resources Income ETF stock opened at $13.76 on Friday. First Trust Indxx Global Natural Resources Income ETF has a 1-year low of $12.02 and a 1-year high of $17.26. The firm’s 50-day moving average price is $14.08 and its two-hundred day moving average price is $15.10.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Monday, June 27th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 8.14%. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Friday, June 24th.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper.

Further Reading

Want to see what other hedge funds are holding FTRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRIGet Rating).

Institutional Ownership by Quarter for First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

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