Coastal Investment Advisors Inc. Raises Position in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)


Share on StockTwits

Coastal Investment Advisors Inc. increased its holdings in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) by 2.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,684 shares of the company’s stock after buying an additional 484 shares during the period. Coastal Investment Advisors Inc. owned 0.07% of First Trust Nasdaq Transportation ETF worth $524,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in First Trust Nasdaq Transportation ETF during the third quarter valued at about $1,174,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of First Trust Nasdaq Transportation ETF during the third quarter valued at about $424,000. Private Advisor Group LLC bought a new position in shares of First Trust Nasdaq Transportation ETF during the second quarter valued at about $165,000. National Asset Management Inc. bought a new stake in shares of First Trust Nasdaq Transportation ETF in the third quarter worth about $389,000. Finally, Commonwealth Equity Services LLC bought a new stake in shares of First Trust Nasdaq Transportation ETF in the third quarter worth about $10,098,000.

NASDAQ FTXR opened at $29.89 on Thursday. First Trust Nasdaq Transportation ETF has a 1 year low of $12.20 and a 1 year high of $30.36. The business’s 50-day moving average is $28.20 and its 200 day moving average is $26.36.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 31st. Investors of record on Monday, December 28th were paid a $0.042 dividend. The ex-dividend date was Thursday, December 24th. This is a boost from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.02. This represents a $0.17 annualized dividend and a dividend yield of 0.56%.

Further Reading: Stochastic Momentum Index (SMI)

Institutional Ownership by Quarter for First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

Receive News & Ratings for First Trust Nasdaq Transportation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Nasdaq Transportation ETF and related companies with MarketBeat.com's FREE daily email newsletter.