First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Plans Quarterly Dividend of $0.12

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.1207 per share on Monday, March 31st. This represents a $0.48 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Nasdaq Bank ETF Price Performance

FTXO stock traded down $0.47 during midday trading on Thursday, hitting $30.69. The stock had a trading volume of 13,782 shares, compared to its average volume of 43,504. The company’s 50-day moving average price is $32.61 and its 200 day moving average price is $31.93. The firm has a market cap of $210.23 million, a PE ratio of 12.83 and a beta of 1.11. First Trust Nasdaq Bank ETF has a 12-month low of $24.72 and a 12-month high of $35.58.

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.