116,653 Shares in First Trust Nasdaq Food & Beverage ETF $FTXG Acquired by Journey Advisory Group LLC

Journey Advisory Group LLC purchased a new position in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 116,653 shares of the company’s stock, valued at approximately $2,587,000. Journey Advisory Group LLC owned 11.67% of First Trust Nasdaq Food & Beverage ETF as of its most recent SEC filing.

First Trust Nasdaq Food & Beverage ETF Trading Up 1.1%

NASDAQ:FTXG opened at $21.86 on Monday. First Trust Nasdaq Food & Beverage ETF has a 12-month low of $21.22 and a 12-month high of $25.30. The firm has a market cap of $18.58 million, a PE ratio of 15.14 and a beta of 0.60. The stock has a fifty day moving average price of $22.01 and a 200 day moving average price of $22.40.

First Trust Nasdaq Food & Beverage ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.1621 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from First Trust Nasdaq Food & Beverage ETF’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, September 25th.

First Trust Nasdaq Food & Beverage ETF Profile

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.