Truist Financial Corp Purchases 15,369 Shares of First Trust Nasdaq Semiconductor ETF $FTXL

Truist Financial Corp grew its holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 14.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 122,609 shares of the company’s stock after purchasing an additional 15,369 shares during the quarter. Truist Financial Corp owned about 4.38% of First Trust Nasdaq Semiconductor ETF worth $13,712,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF in the 2nd quarter valued at approximately $26,000. Ameritas Advisory Services LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the second quarter valued at approximately $30,000. SBI Securities Co. Ltd. boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 73.6% in the second quarter. SBI Securities Co. Ltd. now owns 783 shares of the company’s stock valued at $75,000 after acquiring an additional 332 shares during the period. Apeiron RIA LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the third quarter worth $201,000. Finally, MinichMacGregor Wealth Management LLC bought a new position in First Trust Nasdaq Semiconductor ETF during the third quarter worth $267,000.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $152.06 on Friday. The company has a market cap of $1.57 billion, a PE ratio of 28.27 and a beta of 1.41. The firm has a fifty day moving average price of $136.64 and a two-hundred day moving average price of $118.74. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $59.72 and a fifty-two week high of $159.98.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.1203 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Friday, December 12th.

First Trust Nasdaq Semiconductor ETF Profile

The First Trust Nasdaq Semiconductor ETF (FTXL) is an exchange-traded fund that is based on the Nasdaq US Smart Semiconductor index. The fund tracks an index of the most liquid US semiconductor companies, weighted according to factors related to value, volatility and growth. FTXL was launched on Sep 20, 2016 and is managed by First Trust.