First Trust Nasdaq Oil & Gas ETF Announces Quarterly Dividend of $0.18 (NASDAQ:FTXN)

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) announced a quarterly dividend on Wednesday, September 24th. Shareholders of record on Thursday, September 25th will be paid a dividend of 0.178 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, September 25th.

First Trust Nasdaq Oil & Gas ETF Stock Performance

NASDAQ:FTXN opened at $29.00 on Friday. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $23.43 and a 52-week high of $32.50. The firm has a market cap of $126.15 million, a price-to-earnings ratio of 11.81 and a beta of 1.44. The business’s fifty day moving average is $28.04 and its 200 day moving average is $27.58.

Institutional Trading of First Trust Nasdaq Oil & Gas ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Golden State Wealth Management LLC raised its position in shares of First Trust Nasdaq Oil & Gas ETF by 225.7% in the 1st quarter. Golden State Wealth Management LLC now owns 912 shares of the company’s stock worth $28,000 after acquiring an additional 632 shares in the last quarter. Centaurus Financial Inc. raised its position in shares of First Trust Nasdaq Oil & Gas ETF by 6.9% in the 2nd quarter. Centaurus Financial Inc. now owns 10,310 shares of the company’s stock worth $281,000 after acquiring an additional 669 shares in the last quarter. Adamsbrown Wealth Consultants LLC raised its position in shares of First Trust Nasdaq Oil & Gas ETF by 11.8% in the 2nd quarter. Adamsbrown Wealth Consultants LLC now owns 9,357 shares of the company’s stock worth $255,000 after acquiring an additional 987 shares in the last quarter. CWM LLC raised its position in shares of First Trust Nasdaq Oil & Gas ETF by 3.7% in the 1st quarter. CWM LLC now owns 45,387 shares of the company’s stock worth $1,374,000 after acquiring an additional 1,604 shares in the last quarter. Finally, NBC Securities Inc. raised its position in shares of First Trust Nasdaq Oil & Gas ETF by 29,916.7% in the 1st quarter. NBC Securities Inc. now owns 1,801 shares of the company’s stock worth $54,000 after acquiring an additional 1,795 shares in the last quarter.

First Trust Nasdaq Oil & Gas ETF Company 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.