First Trust Nasdaq Transportation ETF $FTXR Shares Purchased by Nilsine Partners LLC

Nilsine Partners LLC grew its stake in shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) by 2.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 465,155 shares of the company’s stock after purchasing an additional 11,794 shares during the quarter. First Trust Nasdaq Transportation ETF accounts for 1.5% of Nilsine Partners LLC’s investment portfolio, making the stock its 11th biggest position. Nilsine Partners LLC’s holdings in First Trust Nasdaq Transportation ETF were worth $21,198,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Royal Bank of Canada grew its stake in shares of First Trust Nasdaq Transportation ETF by 38.2% in the fourth quarter. Royal Bank of Canada now owns 2,633 shares of the company’s stock valued at $102,000 after buying an additional 728 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in First Trust Nasdaq Transportation ETF by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock worth $57,000 after acquiring an additional 1,200 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in First Trust Nasdaq Transportation ETF in the 4th quarter worth approximately $57,000. Cetera Investment Advisers boosted its holdings in First Trust Nasdaq Transportation ETF by 53.1% in the 1st quarter. Cetera Investment Advisers now owns 10,404 shares of the company’s stock worth $396,000 after acquiring an additional 3,607 shares during the period. Finally, Truist Financial Corp acquired a new stake in First Trust Nasdaq Transportation ETF in the fourth quarter valued at approximately $200,000.

First Trust Nasdaq Transportation ETF Trading Up 0.6%

NASDAQ FTXR opened at $43.88 on Friday. The company’s fifty day simple moving average is $44.76 and its 200-day simple moving average is $42.58. First Trust Nasdaq Transportation ETF has a 52 week low of $33.62 and a 52 week high of $46.17. The stock has a market cap of $1.04 billion, a P/E ratio of 11.80 and a beta of 1.29.

First Trust Nasdaq Transportation ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.1268 per share. This is a boost from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, June 25th. This represents a $0.51 dividend on an annualized basis and a yield of 1.2%.

About First Trust Nasdaq Transportation ETF

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.