Morgan Stanley increased its holdings in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 1.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 4,685,308 shares of the company’s stock after buying an additional 50,826 shares during the quarter. Morgan Stanley owned about 0.10% of First Trust Nasdaq Bank ETF worth $133,485,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FTXO. Raymond James Financial Services Advisors Inc. acquired a new position in First Trust Nasdaq Bank ETF in the second quarter worth about $19,064,000. Wells Fargo & Company MN grew its stake in First Trust Nasdaq Bank ETF by 16.7% during the first quarter. Wells Fargo & Company MN now owns 3,917,648 shares of the company’s stock worth $115,649,000 after buying an additional 559,737 shares during the last quarter. First Trust Advisors LP grew its stake in First Trust Nasdaq Bank ETF by 2.0% during the second quarter. First Trust Advisors LP now owns 21,314,836 shares of the company’s stock worth $607,260,000 after buying an additional 418,606 shares during the last quarter. Cornerstone Wealth Management LLC grew its stake in First Trust Nasdaq Bank ETF by 2,319.8% during the second quarter. Cornerstone Wealth Management LLC now owns 262,281 shares of the company’s stock worth $9,126,000 after buying an additional 251,442 shares during the last quarter. Finally, Premia Global Advisors LLC bought a new stake in First Trust Nasdaq Bank ETF during the second quarter worth about $3,135,000.

Shares of First Trust Nasdaq Bank ETF stock opened at $28.61 on Wednesday. First Trust Nasdaq Bank ETF has a 1-year low of $26.25 and a 1-year high of $32.44.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Monday, September 17th will be paid a dividend of $0.1265 per share. This represents a $0.51 annualized dividend and a yield of 1.77%. This is a boost from First Trust Nasdaq Bank ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Friday, September 14th.

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Institutional Ownership by Quarter for First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

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