First Trust Active Global Quality Income ETF Declares Quarterly Dividend of $0.05 (NYSEARCA:AGQI)

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) announced a quarterly dividend on Wednesday, September 24th. Investors of record on Thursday, September 25th will be paid a dividend of 0.0524 per share on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, September 25th.

First Trust Active Global Quality Income ETF Stock Down 1.0%

Shares of AGQI opened at $15.95 on Thursday. First Trust Active Global Quality Income ETF has a fifty-two week low of $12.44 and a fifty-two week high of $16.21. The firm’s 50 day moving average price is $15.74 and its 200 day moving average price is $14.93. The company has a market cap of $57.90 million, a P/E ratio of 18.15 and a beta of 0.64.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Centric Wealth Management grew its holdings in First Trust Active Global Quality Income ETF by 33.3% during the 1st quarter. Centric Wealth Management now owns 34,935 shares of the company’s stock worth $488,000 after acquiring an additional 8,720 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of First Trust Active Global Quality Income ETF by 2.2% in the 2nd quarter. Osaic Holdings Inc. now owns 36,966 shares of the company’s stock valued at $569,000 after buying an additional 781 shares in the last quarter. Jane Street Group LLC acquired a new stake in First Trust Active Global Quality Income ETF during the 1st quarter worth $380,000. Finally, Flow Traders U.S. LLC acquired a new stake in First Trust Active Global Quality Income ETF during the 2nd quarter worth $324,000.

About First Trust Active Global Quality Income ETF

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.