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

First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) announced a monthly dividend on Wednesday, May 20th. Stockholders of record on Thursday, May 21st will be given a dividend of 0.061 per share by the technology company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Thursday, May 21st. This is a 1.7% increase from First Trust Flexible Municipal High Income ETF’s previous monthly dividend of $0.06.

First Trust Flexible Municipal High Income ETF Stock Performance

MFLX opened at $17.04 on Thursday. The firm’s 50-day simple moving average is $17.09 and its 200-day simple moving average is $17.09. First Trust Flexible Municipal High Income ETF has a twelve month low of $16.18 and a twelve month high of $17.76. The firm has a market cap of $18.74 million, a price-to-earnings ratio of 16.70 and a beta of 0.39.

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

Several large investors have recently made changes to their positions in the company. Harbour Investments Inc. grew its holdings in shares of First Trust Flexible Municipal High Income ETF by 0.6% in the 4th quarter. Harbour Investments Inc. now owns 121,659 shares of the technology company’s stock worth $2,068,000 after purchasing an additional 740 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust Flexible Municipal High Income ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 41,729 shares of the technology company’s stock worth $700,000 after purchasing an additional 1,164 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in shares of First Trust Flexible Municipal High Income ETF by 69.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 22,156 shares of the technology company’s stock worth $367,000 after purchasing an additional 9,046 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of First Trust Flexible Municipal High Income ETF by 29.3% in the 2nd quarter. Osaic Holdings Inc. now owns 40,907 shares of the technology company’s stock worth $678,000 after purchasing an additional 9,276 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in First Trust Flexible Municipal High Income ETF during the 4th quarter worth about $204,000. Institutional investors 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.