First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) to Issue Quarterly Dividend of $0.18

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.1798 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend 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 Price Performance

Shares of NASDAQ:FTAG traded down $0.12 during midday trading on Thursday, hitting $28.15. The company had a trading volume of 364 shares, compared to its average volume of 7,452. The company has a market cap of $15.20 million, a price-to-earnings ratio of 22.24 and a beta of 0.66. First Trust Indxx Global Agriculture ETF has a 12-month low of $24.98 and a 12-month high of $31.13. The company has a fifty day moving average of $29.28 and a two-hundred day moving average of $28.69.

Institutional Trading of First Trust Indxx Global Agriculture ETF

A number of hedge funds and other institutional 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 during the 2nd quarter worth approximately $305,000. Virtu Financial LLC lifted its holdings 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 in the last quarter. Commonwealth Equity Services LLC increased its holdings in First Trust Indxx Global Agriculture ETF by 14.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock valued at $768,000 after acquiring an additional 3,615 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings in shares of 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 purchasing an additional 10,056 shares during the last quarter.

First Trust Indxx Global Agriculture ETF Company Profile

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.