Avantax Advisory Services Inc. Reduces Holdings in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Avantax Advisory Services Inc. cut its position in First Trust Nasdaq Bank ETF (NASDAQ:FTXOFree Report) by 5.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,622 shares of the company’s stock after selling 2,912 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.92% of First Trust Nasdaq Bank ETF worth $1,150,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Secure Asset Management LLC increased its holdings in shares of First Trust Nasdaq Bank ETF by 508.4% during the third quarter. Secure Asset Management LLC now owns 264,667 shares of the company’s stock valued at $5,471,000 after acquiring an additional 221,167 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of First Trust Nasdaq Bank ETF by 18.8% during the first quarter. Bank of America Corp DE now owns 486,294 shares of the company’s stock valued at $15,454,000 after acquiring an additional 76,877 shares in the last quarter. Baird Financial Group Inc. acquired a new position in shares of First Trust Nasdaq Bank ETF during the first quarter valued at about $2,236,000. Goldman Sachs Group Inc. increased its holdings in shares of First Trust Nasdaq Bank ETF by 163.7% during the second quarter. Goldman Sachs Group Inc. now owns 89,394 shares of the company’s stock valued at $2,329,000 after acquiring an additional 55,488 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in First Trust Nasdaq Bank ETF by 98.4% in the fourth quarter. Cetera Investment Advisers now owns 77,671 shares of the company’s stock valued at $2,035,000 after buying an additional 38,525 shares during the last quarter.

First Trust Nasdaq Bank ETF Stock Up 0.1 %

Shares of NASDAQ FTXO opened at $24.15 on Friday. The business’s 50 day moving average price is $24.80 and its 200 day moving average price is $22.56. First Trust Nasdaq Bank ETF has a 52 week low of $18.66 and a 52 week high of $29.35. The firm has a market cap of $115.92 million, a P/E ratio of 9.26 and a beta of 1.11.

First Trust Nasdaq Bank ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Tuesday, December 26th were paid a $0.2362 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date was Friday, December 22nd.

About First Trust Nasdaq Bank ETF

(Free Report)

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.

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

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