First Trust Nasdaq Bank ETF (FTXO) to Issue Quarterly Dividend of $0.26 on June 30th

Posted by Grant Hamersma on Jun 26th, 2026

First Trust Nasdaq Bank ETF (NASDAQ:FTXO – Get Free Report) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.2572 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Thursday, June 25th. This is a 249.9% increase from First Trust Nasdaq Bank ETF’s previous quarterly dividend of $0.07.

First Trust Nasdaq Bank ETF Trading Up 0.5%

NASDAQ FTXO opened at $41.81 on Friday. The company’s 50-day moving average price is $39.00 and its 200-day moving average price is $38.27. The stock has a market cap of $353.29 million, a PE ratio of 11.56 and a beta of 0.90. First Trust Nasdaq Bank ETF has a 12 month low of $32.48 and a 12 month high of $42.21.

Hedge Funds Weigh In On First Trust Nasdaq Bank ETF

Hedge funds have recently added to or reduced their stakes in the stock. Comerica Bank purchased a new position in shares of First Trust Nasdaq Bank ETF during the first quarter worth approximately $28,000. Fifth Third Bancorp purchased a new stake in shares of First Trust Nasdaq Bank ETF in the first quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in First Trust Nasdaq Bank ETF in the fourth quarter worth approximately $37,000. JPMorgan Chase & Co. bought a new position in First Trust Nasdaq Bank ETF in the third quarter worth approximately $37,000. Finally, NBC Securities Inc. grew its stake in First Trust Nasdaq Bank ETF by 22.5% in the fourth quarter. NBC Securities Inc. now owns 1,636 shares of the company’s stock worth $62,000 after purchasing an additional 301 shares in the last quarter.

First Trust Nasdaq Bank ETF Company Profile

(Get Free Report)

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.