Wealth Enhancement Advisory Services LLC Has $410,000 Stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Wealth Enhancement Advisory Services LLC decreased its position in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXOFree Report) by 5.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,480 shares of the company’s stock after selling 749 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.18% of First Trust Nasdaq Bank ETF worth $410,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Puff Wealth Management LLC increased its holdings in shares of First Trust Nasdaq Bank ETF by 6.7% during the first quarter. Puff Wealth Management LLC now owns 32,148 shares of the company’s stock worth $977,000 after buying an additional 2,030 shares in the last quarter. Iams Wealth Management LLC acquired a new stake in shares of First Trust Nasdaq Bank ETF during the first quarter worth approximately $1,132,000. RFG Advisory LLC acquired a new stake in shares of First Trust Nasdaq Bank ETF during the first quarter worth approximately $219,000. NBC Securities Inc. increased its holdings in shares of First Trust Nasdaq Bank ETF by 23,200.0% during the first quarter. NBC Securities Inc. now owns 1,398 shares of the company’s stock worth $42,000 after buying an additional 1,392 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of First Trust Nasdaq Bank ETF by 457.8% during the fourth quarter. Cetera Investment Advisers now owns 111,062 shares of the company’s stock worth $3,533,000 after buying an additional 91,152 shares in the last quarter.

First Trust Nasdaq Bank ETF Trading Up 1.1%

NASDAQ FTXO opened at $34.76 on Monday. The firm has a market cap of $243.32 million, a price-to-earnings ratio of 11.56 and a beta of 1.11. The company has a 50 day moving average of $31.38 and a 200-day moving average of $31.33. First Trust Nasdaq Bank ETF has a 1-year low of $25.05 and a 1-year high of $35.58.

First Trust Nasdaq Bank ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were issued a $0.2075 dividend. The ex-dividend date was Thursday, June 26th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 2.39%. This is a positive change from First Trust Nasdaq Bank ETF’s previous quarterly dividend of $0.12.

First Trust Nasdaq Bank ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

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