Northwestern Mutual Wealth Management Co. Sells 816 Shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

Northwestern Mutual Wealth Management Co. cut its holdings in First Trust Nasdaq Transportation ETF (NASDAQ:FTXRGet Rating) by 40.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,201 shares of the company’s stock after selling 816 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in First Trust Nasdaq Transportation ETF were worth $30,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Cutter & CO Brokerage Inc. grew its holdings in shares of First Trust Nasdaq Transportation ETF by 23.2% in the first quarter. Cutter & CO Brokerage Inc. now owns 14,034 shares of the company’s stock valued at $453,000 after acquiring an additional 2,646 shares in the last quarter. Stephens Inc. AR grew its holdings in First Trust Nasdaq Transportation ETF by 34.6% during the first quarter. Stephens Inc. AR now owns 154,681 shares of the company’s stock valued at $4,998,000 after purchasing an additional 39,720 shares during the period. Stonebridge Financial Planning Group LLC grew its holdings in First Trust Nasdaq Transportation ETF by 10.4% during the first quarter. Stonebridge Financial Planning Group LLC now owns 22,595 shares of the company’s stock valued at $730,000 after purchasing an additional 2,120 shares during the period. Benjamin Edwards Inc. bought a new position in First Trust Nasdaq Transportation ETF during the first quarter valued at $28,000. Finally, Goldman Sachs Group Inc. grew its holdings in 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 during the period.

First Trust Nasdaq Transportation ETF Price Performance

Shares of NASDAQ FTXR opened at $27.67 on Tuesday. The stock has a fifty day simple moving average of $25.51 and a two-hundred day simple moving average of $26.86. First Trust Nasdaq Transportation ETF has a 1-year low of $23.37 and a 1-year high of $36.18.

First Trust Nasdaq Transportation ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Monday, September 26th were issued a dividend of $0.096 per share. This represents a $0.38 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend was Friday, September 23rd.

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Institutional Ownership by Quarter for First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

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