First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Declares $0.18 Quarterly Dividend

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.1796 per share on Monday, September 30th. This represents a $0.72 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Thursday, September 26th.

First Trust Nasdaq Bank ETF Price Performance

FTXO traded up $0.43 on Thursday, reaching $28.81. The company’s stock had a trading volume of 41,653 shares, compared to its average volume of 33,251. First Trust Nasdaq Bank ETF has a 1 year low of $18.94 and a 1 year high of $30.06. The business’s 50 day moving average is $28.65 and its 200 day moving average is $27.22. The stock has a market cap of $109.48 million, a price-to-earnings ratio of 10.77 and a beta of 1.11.

First Trust Nasdaq Bank ETF Company 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.