NBC Securities Inc. Invests $38,000 in First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY)

NBC Securities Inc. acquired a new stake in First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) during the 3rd quarter, Holdings Channel reports. The fund acquired 928 shares of the company’s stock, valued at approximately $38,000.

Separately, Clarus Wealth Advisors acquired a new stake in shares of First Trust Bloomberg Shareholder Yield ETF in the 3rd quarter valued at about $307,000.

First Trust Bloomberg Shareholder Yield ETF Price Performance

Shares of First Trust Bloomberg Shareholder Yield ETF stock opened at $41.91 on Monday. The firm has a market cap of $20.96 million, a price-to-earnings ratio of 16.73 and a beta of 0.90. The stock’s 50-day moving average is $40.74 and its 200-day moving average is $38.96. First Trust Bloomberg Shareholder Yield ETF has a one year low of $29.29 and a one year high of $41.96.

First Trust Bloomberg Shareholder Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.1209 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.48 annualized dividend and a dividend yield of 1.15%.

First Trust Bloomberg Shareholder Yield ETF Company Profile

The First Trust Bloomberg Shareholder Yield ETF (SHRY) is an exchange-traded fund that is based on the Bloomberg Shareholder Yield index. The fund offers passive management by tracking an index of large- and mid-cap US equities that are selected and weighted based on shareholder yield characterized by dividends, net shares buybacks, and debt reduction.