Mid American Wealth Advisory Group Inc. Grows Stake in Innovator Index Autocallable Income Strategy ETF $ACII

Mid American Wealth Advisory Group Inc. increased its position in shares of Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) by 563.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 155,686 shares of the company’s stock after purchasing an additional 132,221 shares during the quarter. Innovator Index Autocallable Income Strategy ETF accounts for 1.4% of Mid American Wealth Advisory Group Inc.’s investment portfolio, making the stock its 17th biggest holding. Mid American Wealth Advisory Group Inc. owned approximately 3.30% of Innovator Index Autocallable Income Strategy ETF worth $3,962,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new stake in Innovator Index Autocallable Income Strategy ETF in the first quarter valued at $32,000. Evolution Wealth Management Inc. raised its stake in shares of Innovator Index Autocallable Income Strategy ETF by 23.5% during the 1st quarter. Evolution Wealth Management Inc. now owns 19,427 shares of the company’s stock worth $487,000 after buying an additional 3,695 shares during the last quarter. Wealthgarden F.S. LLC acquired a new position in shares of Innovator Index Autocallable Income Strategy ETF during the 1st quarter worth $247,000. Rose Capital Advisors LLC purchased a new stake in shares of Innovator Index Autocallable Income Strategy ETF in the 2nd quarter worth about $312,000. Finally, Founders Financial Securities LLC boosted its position in shares of Innovator Index Autocallable Income Strategy ETF by 127.5% in the 1st quarter. Founders Financial Securities LLC now owns 96,665 shares of the company’s stock worth $2,464,000 after buying an additional 54,184 shares in the last quarter. 68.45% of the stock is currently owned by hedge funds and other institutional investors.

Innovator Index Autocallable Income Strategy ETF Stock Performance

Shares of NYSEARCA ACII opened at $25.38 on Friday. Innovator Index Autocallable Income Strategy ETF has a 52 week low of $24.35 and a 52 week high of $26.87. The company has a 50-day simple moving average of $25.53.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 31st were issued a $0.2078 dividend. This represents a c) annualized dividend and a dividend yield of 9.8%. This is a boost from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Monday, August 31st.