Journey Advisory Group LLC Acquires Shares of 116,653 First Trust Nasdaq Food & Beverage ETF $FTXG

Journey Advisory Group LLC purchased a new position in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 116,653 shares of the company’s stock, valued at approximately $2,587,000. Journey Advisory Group LLC owned approximately 0.12% of First Trust Nasdaq Food & Beverage ETF at the end of the most recent reporting period.

First Trust Nasdaq Food & Beverage ETF Price Performance

Shares of NASDAQ:FTXG opened at $21.86 on Monday. The business’s 50 day simple moving average is $22.01 and its 200-day simple moving average is $22.40. The firm has a market capitalization of $18.58 million, a price-to-earnings ratio of 15.14 and a beta of 0.60. First Trust Nasdaq Food & Beverage ETF has a 12 month low of $21.22 and a 12 month high of $25.30.

First Trust Nasdaq Food & Beverage ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.1621 per share. The ex-dividend date was Thursday, September 25th. This represents a $0.65 annualized dividend and a dividend yield of 3.0%. This is an increase from First Trust Nasdaq Food & Beverage ETF’s previous quarterly dividend of $0.16.

First Trust Nasdaq Food & Beverage ETF Profile

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.