First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Announces Quarterly Dividend of $0.12

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.1207 per share on Monday, March 31st. This represents a $0.48 annualized dividend and a yield of 1.57%. The ex-dividend date is Thursday, March 27th.

First Trust Nasdaq Bank ETF Trading Down 1.5 %

Shares of FTXO stock traded down $0.47 on Thursday, reaching $30.69. 13,782 shares of the company’s stock were exchanged, compared to its average volume of 43,504. First Trust Nasdaq Bank ETF has a 52 week low of $24.72 and a 52 week high of $35.58. The company’s fifty day simple moving average is $32.56 and its 200 day simple moving average is $31.92. The stock has a market capitalization of $210.23 million, a PE ratio of 12.83 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.