First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Stake Boosted by Independent Wealth Network Inc.

Independent Wealth Network Inc. grew its stake in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 18.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,161 shares of the company’s stock after purchasing an additional 4,332 shares during the quarter. Independent Wealth Network Inc. owned approximately 0.15% of First Trust Indxx Global Natural Resources Income ETF worth $354,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. CWM LLC raised its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 12.2% during the first quarter. CWM LLC now owns 8,462 shares of the company’s stock valued at $112,000 after buying an additional 923 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 3.5% during the first quarter. Harbour Investments Inc. now owns 37,009 shares of the company’s stock valued at $491,000 after purchasing an additional 1,258 shares during the period. AE Wealth Management LLC raised its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 2.7% during the second quarter. AE Wealth Management LLC now owns 62,198 shares of the company’s stock valued at $782,000 after purchasing an additional 1,638 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in First Trust Indxx Global Natural Resources Income ETF by 2.1% in the first quarter. Ameritas Advisory Services LLC now owns 120,966 shares of the company’s stock worth $1,604,000 after purchasing an additional 2,534 shares during the period. Finally, Concourse Financial Group Securities Inc. acquired a new stake in First Trust Indxx Global Natural Resources Income ETF in the second quarter worth about $35,000.

First Trust Indxx Global Natural Resources Income ETF Trading Up 0.4 %

NASDAQ:FTRI traded up $0.05 during midday trading on Tuesday, hitting $13.23. 47,865 shares of the stock were exchanged, compared to its average volume of 150,639. First Trust Indxx Global Natural Resources Income ETF has a one year low of $11.77 and a one year high of $14.92. The company has a market capitalization of $246.08 million, a price-to-earnings ratio of 5.65 and a beta of 0.94. The business has a 50-day moving average price of $13.02 and a two-hundred day moving average price of $12.84.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Wednesday, June 28th were issued a dividend of $0.2786 per share. This represents a $1.11 dividend on an annualized basis and a yield of 8.42%. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, June 27th.

First Trust Indxx Global Natural Resources Income ETF Profile

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.