J.W. Cole Advisors Inc. Purchases Shares of 9,220 First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

J.W. Cole Advisors Inc. purchased a new stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXOGet Rating) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,220 shares of the company’s stock, valued at approximately $293,000. J.W. Cole Advisors Inc. owned approximately 0.09% of First Trust Nasdaq Bank ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FTXO. Qube Research & Technologies Ltd raised its stake in First Trust Nasdaq Bank ETF by 1,503.5% in the fourth quarter. Qube Research & Technologies Ltd now owns 1,379 shares of the company’s stock valued at $45,000 after buying an additional 1,293 shares in the last quarter. Private Advisor Group LLC acquired a new stake in shares of First Trust Nasdaq Bank ETF during the fourth quarter worth about $418,000. LPL Financial LLC increased its position in shares of First Trust Nasdaq Bank ETF by 12.6% during the fourth quarter. LPL Financial LLC now owns 539,328 shares of the company’s stock worth $17,711,000 after purchasing an additional 60,484 shares in the last quarter. Cetera Investment Advisers increased its position in shares of First Trust Nasdaq Bank ETF by 9.7% during the fourth quarter. Cetera Investment Advisers now owns 39,065 shares of the company’s stock worth $1,283,000 after purchasing an additional 3,453 shares in the last quarter. Finally, Icapital Wealth LLC acquired a new stake in shares of First Trust Nasdaq Bank ETF during the fourth quarter worth about $722,000.

First Trust Nasdaq Bank ETF Trading Down 1.0 %

FTXO opened at $28.53 on Wednesday. The business’s 50-day simple moving average is $28.44 and its 200-day simple moving average is $29.04. First Trust Nasdaq Bank ETF has a one year low of $25.12 and a one year high of $37.20.

First Trust Nasdaq Bank ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Monday, June 27th were given a dividend of $0.196 per share. The ex-dividend date of this dividend was Friday, June 24th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.75%. This is a boost from First Trust Nasdaq Bank ETF’s previous quarterly dividend of $0.13.

See Also

Institutional Ownership by Quarter for First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

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