Nilsine Partners LLC Increases Stock Holdings in First Trust Nasdaq Transportation ETF $FTXR

Nilsine Partners LLC increased its holdings in shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 465,155 shares of the company’s stock after buying an additional 11,794 shares during the quarter. First Trust Nasdaq Transportation ETF comprises approximately 1.5% of Nilsine Partners LLC’s portfolio, making the stock its 11th biggest holding. Nilsine Partners LLC owned approximately 1.97% of First Trust Nasdaq Transportation ETF worth $21,198,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in shares of First Trust Nasdaq Transportation ETF by 38.2% during the 4th quarter. Royal Bank of Canada now owns 2,633 shares of the company’s stock valued at $102,000 after acquiring an additional 728 shares during the last quarter. Geneos Wealth Management Inc. increased its position in First Trust Nasdaq Transportation ETF by 200.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock worth $57,000 after purchasing an additional 1,200 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in First Trust Nasdaq Transportation ETF during the fourth quarter worth approximately $57,000. Cetera Investment Advisers raised its stake in First Trust Nasdaq Transportation ETF by 53.1% during the first quarter. Cetera Investment Advisers now owns 10,404 shares of the company’s stock worth $396,000 after purchasing an additional 3,607 shares during the period. Finally, Truist Financial Corp purchased a new position in First Trust Nasdaq Transportation ETF during the fourth quarter worth approximately $200,000.

First Trust Nasdaq Transportation ETF Stock Up 0.6%

Shares of NASDAQ FTXR opened at $43.88 on Friday. The stock has a market capitalization of $1.04 billion, a PE ratio of 11.80 and a beta of 1.29. The firm has a fifty day moving average of $44.76 and a 200-day moving average of $42.58. First Trust Nasdaq Transportation ETF has a 52-week low of $33.62 and a 52-week high of $46.17.

First Trust Nasdaq Transportation ETF Increases Dividend

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

First Trust Nasdaq Transportation ETF Company Profile

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.