Benjamin Edwards Inc. Buys Shares of 52,628 First Trust Indxx NextG ETF (NASDAQ:NXTG)

Benjamin Edwards Inc. bought a new position in First Trust Indxx NextG ETF (NASDAQ:NXTG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 52,628 shares of the company’s stock, valued at approximately $4,600,000. Benjamin Edwards Inc. owned about 1.20% of First Trust Indxx NextG ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Zions Bancorporation N.A. acquired a new position in First Trust Indxx NextG ETF in the second quarter valued at $33,000. First Horizon Advisors Inc. bought a new stake in First Trust Indxx NextG ETF in the 3rd quarter valued at about $44,000. MONECO Advisors LLC acquired a new position in First Trust Indxx NextG ETF during the 2nd quarter worth approximately $246,000. CoreCap Advisors LLC bought a new position in First Trust Indxx NextG ETF in the second quarter worth approximately $351,000. Finally, Banco Santander S.A. grew its stake in First Trust Indxx NextG ETF by 65.5% in the second quarter. Banco Santander S.A. now owns 5,510 shares of the company’s stock valued at $451,000 after acquiring an additional 2,180 shares during the period.

First Trust Indxx NextG ETF Stock Down 0.0 %

NASDAQ NXTG opened at $86.33 on Wednesday. First Trust Indxx NextG ETF has a 52 week low of $72.43 and a 52 week high of $88.84. The business has a 50 day moving average price of $86.20 and a 200-day moving average price of $84.00. The company has a market cap of $379.85 million, a price-to-earnings ratio of 18.31 and a beta of 0.89.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.4009 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.60 annualized dividend and a yield of 1.86%.

About First Trust Indxx NextG ETF

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.