Janney Montgomery Scott LLC Has $1.93 Million Holdings in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Janney Montgomery Scott LLC increased its stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO – Get Rating) by 2.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 74,618 shares of the company’s stock after purchasing an additional 1,709 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Nasdaq Bank ETF were worth $1,933,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IFG Advisory LLC boosted its stake in First Trust Nasdaq Bank ETF by 14.8% in the 2nd quarter. IFG Advisory LLC now owns 10,800 shares of the company’s stock worth $280,000 after purchasing an additional 1,389 shares during the period. Private Advisor Group LLC lifted its position in First Trust Nasdaq Bank ETF by 5.7% during the 3rd quarter. Private Advisor Group LLC now owns 10,540 shares of the company’s stock worth $273,000 after buying an additional 568 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in First Trust Nasdaq Bank ETF by 8.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 52,199 shares of the company’s stock worth $1,360,000 after buying an additional 4,279 shares in the last quarter. UBS Group AG lifted its position in First Trust Nasdaq Bank ETF by 5.4% during the 2nd quarter. UBS Group AG now owns 253,945 shares of the company’s stock worth $6,615,000 after buying an additional 13,094 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in First Trust Nasdaq Bank ETF by 87.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,238 shares of the company’s stock worth $32,000 after buying an additional 576 shares in the last quarter.

First Trust Nasdaq Bank ETF Price Performance

Shares of NASDAQ:FTXO opened at $27.77 on Friday. The company’s 50-day moving average price is $27.26 and its two-hundred day moving average price is $27.54. First Trust Nasdaq Bank ETF has a one year low of $25.12 and a one year high of $37.01.

First Trust Nasdaq Bank ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Tuesday, December 27th were given a dividend of $0.242 per share. The ex-dividend date was Friday, December 23rd. This is a boost from First Trust Nasdaq Bank ETF’s previous quarterly dividend of $0.21. This represents a $0.97 annualized dividend and a yield of 3.49%.