First Trust Nasdaq Oil & Gas ETF $FTXN Stake Lifted by Osaic Holdings Inc.

Osaic Holdings Inc. lifted its stake in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 155.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 245,169 shares of the company’s stock after acquiring an additional 149,042 shares during the quarter. Osaic Holdings Inc. owned about 5.64% of First Trust Nasdaq Oil & Gas ETF worth $6,677,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FTXN. Centaurus Financial Inc. increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 6.9% during the 2nd quarter. Centaurus Financial Inc. now owns 10,310 shares of the company’s stock valued at $281,000 after purchasing an additional 669 shares during the period. Quantinno Capital Management LP lifted its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 19.0% in the second quarter. Quantinno Capital Management LP now owns 23,220 shares of the company’s stock valued at $632,000 after buying an additional 3,715 shares during the period. Cetera Investment Advisers boosted its stake in First Trust Nasdaq Oil & Gas ETF by 6.6% during the second quarter. Cetera Investment Advisers now owns 130,120 shares of the company’s stock valued at $3,541,000 after buying an additional 8,002 shares in the last quarter. Sigma Planning Corp acquired a new position in First Trust Nasdaq Oil & Gas ETF during the second quarter worth about $556,000. Finally, HB Wealth Management LLC acquired a new position in First Trust Nasdaq Oil & Gas ETF during the second quarter worth about $214,000.

First Trust Nasdaq Oil & Gas ETF Trading Up 0.1%

Shares of First Trust Nasdaq Oil & Gas ETF stock opened at $27.37 on Monday. First Trust Nasdaq Oil & Gas ETF has a 52 week low of $23.43 and a 52 week high of $31.79. The stock has a market cap of $106.74 million, a PE ratio of 11.81 and a beta of 0.76. The company’s 50-day moving average price is $27.92 and its two-hundred day moving average price is $27.99.

First Trust Nasdaq Oil & Gas ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a dividend of $0.218 per share. This is a boost from First Trust Nasdaq Oil & Gas ETF’s previous quarterly dividend of $0.18. This represents a $0.87 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, December 12th.

First Trust Nasdaq Oil & Gas ETF Profile

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.