Bfsg LLC Invests $35,000 in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Bfsg LLC purchased a new position in First Trust Indxx NextG ETF (NASDAQ:NXTG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 457 shares of the company’s stock, valued at approximately $35,000.

A number of other large investors have also recently made changes to their positions in NXTG. International Assets Investment Management LLC bought a new stake in shares of First Trust Indxx NextG ETF in the fourth quarter worth approximately $55,941,000. Perigon Wealth Management LLC bought a new stake in shares of First Trust Indxx NextG ETF in the fourth quarter worth approximately $1,496,000. NBC Securities Inc. bought a new stake in shares of First Trust Indxx NextG ETF in the third quarter worth approximately $582,000. NewEdge Wealth LLC grew its stake in shares of First Trust Indxx NextG ETF by 67.8% in the third quarter. NewEdge Wealth LLC now owns 15,139 shares of the company’s stock worth $1,027,000 after acquiring an additional 6,116 shares during the period. Finally, Kestra Advisory Services LLC boosted its holdings in shares of First Trust Indxx NextG ETF by 11.3% in the third quarter. Kestra Advisory Services LLC now owns 55,811 shares of the company’s stock worth $3,787,000 after buying an additional 5,657 shares during the last quarter.

First Trust Indxx NextG ETF Trading Up 0.3 %

NXTG opened at $75.45 on Friday. The company has a market cap of $369.71 million, a price-to-earnings ratio of 18.09 and a beta of 0.89. The company’s 50 day moving average is $77.74 and its 200 day moving average is $74.53. First Trust Indxx NextG ETF has a 12-month low of $64.46 and a 12-month high of $81.22.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.044 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Indxx NextG ETF Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.