First Trust Nasdaq Bank ETF Declares Quarterly Dividend of $0.21 (NASDAQ:FTXO)

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) declared a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.21 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, September 24th.

First Trust Nasdaq Bank ETF Price Performance

Shares of First Trust Nasdaq Bank ETF stock traded down $0.10 during trading hours on Thursday, reaching $39.34. The company’s stock had a trading volume of 11,988 shares, compared to its average volume of 478,621. The firm has a 50 day moving average price of $42.20 and a 200-day moving average price of $39.86. First Trust Nasdaq Bank ETF has a one year low of $32.90 and a one year high of $44.12. The stock has a market cap of $281.28 million, a P/E ratio of 11.56 and a beta of 0.88.

About First Trust Nasdaq Bank ETF

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.