NBC Securities Inc. Sells 722 Shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

NBC Securities Inc. trimmed its stake in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 9.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,887 shares of the company’s stock after selling 722 shares during the quarter. NBC Securities Inc.’s holdings in First Trust Nasdaq Bank ETF were worth $200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of FTXO. Wagner Wealth Management LLC increased its stake in shares of First Trust Nasdaq Bank ETF by 0.6% in the third quarter. Wagner Wealth Management LLC now owns 167,065 shares of the company’s stock worth $4,858,000 after buying an additional 915 shares during the period. Larson Financial Group LLC grew its holdings in First Trust Nasdaq Bank ETF by 575.3% in the 2nd quarter. Larson Financial Group LLC now owns 1,337 shares of the company’s stock worth $35,000 after acquiring an additional 1,139 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of First Trust Nasdaq Bank ETF in the second quarter valued at about $48,000. International Assets Investment Management LLC bought a new position in shares of First Trust Nasdaq Bank ETF during the second quarter valued at about $98,000. Finally, PFG Advisors boosted its holdings in shares of First Trust Nasdaq Bank ETF by 21.6% during the second quarter. PFG Advisors now owns 38,288 shares of the company’s stock worth $1,016,000 after purchasing an additional 6,809 shares during the period.

First Trust Nasdaq Bank ETF Price Performance

Shares of NASDAQ:FTXO opened at $30.88 on Friday. The stock’s 50-day moving average is $28.97 and its 200 day moving average is $27.59. The company has a market cap of $114.26 million, a PE ratio of 10.77 and a beta of 1.11. First Trust Nasdaq Bank ETF has a 1 year low of $18.94 and a 1 year high of $31.29.

First Trust Nasdaq Bank ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.1796 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.33%.

First Trust Nasdaq Bank ETF Profile

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.