Advisor Group Holdings Inc. sells 97,217 shares of First Trust Nasdaq Transportation ETF (NASDAQ: FTXR)



Advisor Group Holdings Inc. cut its holdings in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR – Get Rating) by 71.7% in Q1, according to the company in its latest filing with the Securities and Exchange Commission. The institutional investor held 38,322 shares of the company after selling 97,217 shares during the period. Advisor Group Holdings Inc. owned approximately 0.64% of the First Trust Nasdaq Transportation ETF worth $1,238,000 when it was last filed with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also increased or reduced their stakes in the company. Claro Advisors LLC increased its position in First Trust Nasdaq Transportation ETF by 4.5% in Q4. Claro Advisors LLC now owns 8,569 shares of the company valued at $296,000 after buying 369 additional shares in the last quarter. TriaGen Wealth Management LLC increased its position in First Trust Nasdaq Transportation ETF by 1.0% in the 4th quarter. TriaGen Wealth Management LLC now owns 50,494 shares of the company valued at $1,745,000 after purchasing an additional 478 shares last quarter. HighTower Advisors LLC increased its stake in First Trust Nasdaq Transportation ETF by 0.8% during the 4th quarter. HighTower Advisors LLC now owns 59,354 shares of the company valued at $2,052,000 after purchasing an additional 500 shares in the last quarter. Apeiron RIA LLC increased its stake in First Trust Nasdaq Transportation ETF by 1.5% during the 1st quarter. Apeiron RIA LLC now owns 38,099 shares of the company valued at $1,115,000 after purchasing an additional 570 shares in the last quarter. Finally, Atwood & Palmer Inc. increased its stake in First Trust Nasdaq Transportation ETF by 0.9% during the 1st quarter. Atwood & Palmer Inc. now owns 68,800 shares of the company valued at $2,223,000 after purchasing an additional 635 shares in the last quarter.

First Trust Nasdaq Transportation ETF trades down 1.7%

FTXR stock opened at $29.46 on Friday. First Trust Nasdaq Transportation ETF has a 52-week low of $24.74 and a 52-week high of $36.18. The company has a 50-day simple moving average of $27.07 and a two-hundred-day simple moving average of $29.02.

First Trust Nasdaq Transportation ETF cuts dividends

The company also recently declared a quarterly dividend, which was paid on Thursday, June 30. Shareholders of record on Monday, June 27 received a dividend of $0.141 per share. The ex-dividend date was Friday, June 24. This represents a dividend of $0.56 on an annualized basis and a yield of 1.91%.

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Institutional ownership by quarter for First Trust Nasdaq Transportation ETF (NASDAQ: FTXR)



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