Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Announces Dividend Increase – $0.20 Per Share

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) declared a monthly dividend on Monday, June 29th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.1956 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 9.1%. The ex-dividend date is Tuesday, June 30th. This is a 3.8% increase from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.19.

Innovator Index Autocallable Income Strategy ETF Stock Up 1.2%

Shares of Innovator Index Autocallable Income Strategy ETF stock opened at $25.82 on Tuesday. The firm’s 50-day moving average price is $25.75. Innovator Index Autocallable Income Strategy ETF has a twelve month low of $24.69 and a twelve month high of $26.87.

Hedge Funds Weigh In On Innovator Index Autocallable Income Strategy ETF

Institutional investors have recently added to or reduced their stakes in the company. Brookstone Capital Management purchased a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the 1st quarter worth approximately $15,806,000. Talon Private Wealth LLC bought a new position in shares of Innovator Index Autocallable Income Strategy ETF during the 1st quarter valued at approximately $15,724,000. Cornerstone Wealth LLC TN purchased a new position in shares of Innovator Index Autocallable Income Strategy ETF in the first quarter valued at $2,783,000. Founders Financial Securities LLC grew its holdings in shares of Innovator Index Autocallable Income Strategy ETF by 127.5% in the first quarter. Founders Financial Securities LLC now owns 96,665 shares of the company’s stock valued at $2,464,000 after purchasing an additional 54,184 shares in the last quarter. Finally, Wealthgarden F.S. LLC bought a new stake in Innovator Index Autocallable Income Strategy ETF in the first quarter worth $247,000. Hedge funds and other institutional investors own 68.45% of the company’s stock.