D.A. Davidson & CO. Has $998,000 Stock Position in First Trust Indxx NextG ETF (NASDAQ:NXTG)

D.A. Davidson & CO. cut its holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 4.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,425 shares of the company’s stock after selling 545 shares during the period. D.A. Davidson & CO. owned about 0.26% of First Trust Indxx NextG ETF worth $998,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. grew its position in First Trust Indxx NextG ETF by 0.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 55,684 shares of the company’s stock valued at $4,562,000 after purchasing an additional 381 shares in the last quarter. Zions Bancorporation N.A. bought a new position in shares of First Trust Indxx NextG ETF in the 2nd quarter valued at about $33,000. First Horizon Advisors Inc. acquired a new stake in shares of First Trust Indxx NextG ETF in the third quarter valued at about $44,000. Private Advisor Group LLC raised its holdings in First Trust Indxx NextG ETF by 2.3% during the third quarter. Private Advisor Group LLC now owns 44,147 shares of the company’s stock worth $3,856,000 after acquiring an additional 998 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its position in First Trust Indxx NextG ETF by 38.6% during the third quarter. Prospera Financial Services Inc now owns 6,783 shares of the company’s stock valued at $593,000 after purchasing an additional 1,889 shares during the last quarter.

First Trust Indxx NextG ETF Stock Up 0.5 %

NASDAQ:NXTG opened at $85.73 on Monday. First Trust Indxx NextG ETF has a twelve month low of $72.43 and a twelve month high of $88.84. The firm has a market capitalization of $377.21 million, a price-to-earnings ratio of 18.31 and a beta of 0.89. The stock’s 50 day moving average price is $86.24 and its two-hundred day moving average price is $83.91.

First Trust Indxx NextG ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.4009 per share. This represents a $1.60 annualized dividend and a yield of 1.87%. The ex-dividend date was Thursday, September 26th.

About First Trust Indxx NextG ETF

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.