First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its holdings in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Get Rating) by 8.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 308,572 shares of the company’s stock after purchasing an additional 25,315 shares during the period. Commonwealth Equity Services LLC owned 0.87% of First Trust Nasdaq Food & Beverage ETF worth $8,346,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Janney Montgomery Scott LLC grew its position in shares of First Trust Nasdaq Food & Beverage ETF by 3.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 31,867 shares of the company’s stock worth $862,000 after acquiring an additional 1,042 shares during the last quarter. IFP Advisors Inc grew its position in shares of First Trust Nasdaq Food & Beverage ETF by 107.1% during the fourth quarter. IFP Advisors Inc now owns 2,465 shares of the company’s stock worth $47,000 after acquiring an additional 1,275 shares during the last quarter. DB Wealth Management Group LLC grew its position in shares of First Trust Nasdaq Food & Beverage ETF by 1.6% during the third quarter. DB Wealth Management Group LLC now owns 85,350 shares of the company’s stock worth $2,120,000 after acquiring an additional 1,364 shares during the last quarter. Advisor Group Holdings Inc. grew its position in shares of First Trust Nasdaq Food & Beverage ETF by 401.5% during the first quarter. Advisor Group Holdings Inc. now owns 5,446 shares of the company’s stock worth $145,000 after acquiring an additional 4,360 shares during the last quarter. Finally, Centaurus Financial Inc. bought a new position in shares of First Trust Nasdaq Food & Beverage ETF during the third quarter worth about $110,000.

First Trust Nasdaq Food & Beverage ETF Stock Performance

First Trust Nasdaq Food & Beverage ETF stock opened at $27.67 on Tuesday. The company has a 50-day simple moving average of $27.23 and a 200-day simple moving average of $26.67. The firm has a market capitalization of $1.01 billion, a P/E ratio of 16.40 and a beta of 0.60. First Trust Nasdaq Food & Beverage ETF has a one year low of $24.51 and a one year high of $28.24.

First Trust Nasdaq Food & Beverage ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. Investors of record on Monday, March 27th were given a $0.063 dividend. The ex-dividend date of this dividend was Friday, March 24th. This represents a $0.25 dividend on an annualized basis and a yield of 0.91%.

About First Trust Nasdaq Food & Beverage ETF

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The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.