First Trust Indxx NextG ETF (NASDAQ:NXTG) Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its holdings in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 0.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 223,126 shares of the company’s stock after buying an additional 448 shares during the quarter. LPL Financial LLC owned 0.05% of First Trust Indxx NextG ETF worth $19,030,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Truist Financial Corp raised its holdings in shares of First Trust Indxx NextG ETF by 15.8% during the fourth quarter. Truist Financial Corp now owns 5,162 shares of the company’s stock worth $440,000 after purchasing an additional 704 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in First Trust Indxx NextG ETF during the 4th quarter worth about $7,067,000. Benjamin Edwards Inc. purchased a new position in shares of First Trust Indxx NextG ETF during the 3rd quarter valued at about $4,600,000. Strategic Financial Concepts LLC acquired a new position in shares of First Trust Indxx NextG ETF in the 4th quarter valued at about $950,000. Finally, Atria Investments Inc boosted its stake in shares of First Trust Indxx NextG ETF by 5.4% in the fourth quarter. Atria Investments Inc now owns 16,735 shares of the company’s stock worth $1,427,000 after buying an additional 850 shares during the last quarter.

First Trust Indxx NextG ETF Stock Down 0.2 %

First Trust Indxx NextG ETF stock opened at $84.86 on Tuesday. First Trust Indxx NextG ETF has a 52 week low of $73.37 and a 52 week high of $91.29. The firm has a market cap of $360.66 million, a price-to-earnings ratio of 21.42 and a beta of 0.89. The business’s 50-day moving average price is $87.72 and its 200 day moving average price is $86.70.

First Trust Indxx NextG ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.0804 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.38%.

First Trust Indxx NextG ETF Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.