Janney Montgomery Scott LLC Sells 12,200 Shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

Janney Montgomery Scott LLC reduced its stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR – Get Rating) by 4.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,491 shares of the company’s stock after selling 12,200 shares during the period. Janney Montgomery Scott LLC owned 0.09% of First Trust Nasdaq Transportation ETF worth $5,877,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FTXR. Jane Street Group LLC raised its stake in First Trust Nasdaq Transportation ETF by 646.9% in the first quarter. Jane Street Group LLC now owns 145,229 shares of the company’s stock worth $4,692,000 after buying an additional 125,786 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of First Trust Nasdaq Transportation ETF by 42.9% during the first quarter. Goldman Sachs Group Inc. now owns 156,151 shares of the company’s stock valued at $5,045,000 after purchasing an additional 46,871 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of First Trust Nasdaq Transportation ETF during the first quarter valued at approximately $1,347,000. Citadel Advisors LLC increased its stake in shares of First Trust Nasdaq Transportation ETF by 26.9% during the second quarter. Citadel Advisors LLC now owns 46,567 shares of the company’s stock valued at $1,179,000 after purchasing an additional 9,871 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. increased its stake in shares of First Trust Nasdaq Transportation ETF by 3.6% during the second quarter. Cutter & CO Brokerage Inc. now owns 14,538 shares of the company’s stock valued at $368,000 after purchasing an additional 504 shares in the last quarter.

First Trust Nasdaq Transportation ETF Stock Up 3.2 %

Shares of NASDAQ FTXR opened at $26.31 on Monday. First Trust Nasdaq Transportation ETF has a fifty-two week low of $23.37 and a fifty-two week high of $35.57. The company has a 50 day simple moving average of $26.48 and a two-hundred day simple moving average of $26.56.

First Trust Nasdaq Transportation ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Tuesday, December 27th were paid a dividend of $0.167 per share. This is an increase from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, December 23rd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 2.54%.