First Trust Flexible Municipal High Income ETF (MFLX) to Issue Monthly Dividend of $0.06 on July 31st

First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) declared a monthly dividend on Monday, July 20th. Investors of record on Tuesday, July 21st will be paid a dividend of 0.061 per share by the technology company on Friday, July 31st. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Tuesday, July 21st.

First Trust Flexible Municipal High Income ETF Stock Down 0.5%

MFLX stock opened at $17.16 on Wednesday. The firm has a market capitalization of $21.45 million, a PE ratio of 16.82 and a beta of 0.38. The stock’s 50 day moving average is $17.26 and its 200-day moving average is $17.18. First Trust Flexible Municipal High Income ETF has a twelve month low of $16.18 and a twelve month high of $17.95.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Harbour Investments Inc. raised its holdings in First Trust Flexible Municipal High Income ETF by 0.6% during the 4th quarter. Harbour Investments Inc. now owns 121,659 shares of the technology company’s stock valued at $2,068,000 after acquiring an additional 740 shares during the period. Cetera Investment Advisers raised 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 valued at $700,000 after acquiring an additional 1,164 shares in the last quarter. Benjamin Edwards Inc. lifted its position in First Trust Flexible Municipal High Income ETF by 69.0% during the second quarter. Benjamin Edwards Inc. now owns 22,156 shares of the technology company’s stock valued at $367,000 after purchasing an additional 9,046 shares during the last quarter. Osaic Holdings Inc. grew its position in First Trust Flexible Municipal High Income ETF by 29.3% in the second quarter. Osaic Holdings Inc. now owns 40,907 shares of the technology company’s stock worth $678,000 after acquiring an additional 9,276 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in shares of First Trust Flexible Municipal High Income ETF during the 4th quarter valued at 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.