---
title: "First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA)  Shares Down 1.2%   - Here's What Happened"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273184685.md"
description: "First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) shares fell 1.2% to $58.51 during mid-day trading, with a significant drop in trading volume. The fund recently declared a quarterly dividend of $0.4886, up from $0.35, yielding 3.3% annually. Institutional investors have increased their stakes in QABA, with notable increases from Thurston Springer Miller Herd & Titak Inc. and Cetera Investment Advisers. The fund, launched in 2009, tracks an index of smaller NASDAQ-listed banks and thrifts."
datetime: "2026-01-21T06:56:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273184685.md)
  - [en](https://longbridge.com/en/news/273184685.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273184685.md)
---

# First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA)  Shares Down 1.2%   - Here's What Happened

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report)'s share price was down 1.2% during mid-day trading on Tuesday . The stock traded as low as $58.29 and last traded at $58.51. Approximately 3,157 shares traded hands during trading, a decline of 64% from the average daily volume of 8,830 shares. The stock had previously closed at $59.24.

## First Trust NASDAQ ABA Community Bank Index Fund Trading Down 1.2%

-   5 best bank ETFs to buy now

The stock has a fifty day moving average price of $57.28 and a 200 day moving average price of $56.50. The firm has a market cap of $78.99 million, a price-to-earnings ratio of 13.59 and a beta of 0.81.

## First Trust NASDAQ ABA Community Bank Index Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.4886 dividend. This is a positive change from First Trust NASDAQ ABA Community Bank Index Fund's previous quarterly dividend of $0.35. This represents a $1.95 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, December 12th.

## Institutional Trading of First Trust NASDAQ ABA Community Bank Index Fund

-   Want Diversified Exposure in the Regional Banks? Try These ETFs

Several large investors have recently modified their holdings of QABA. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 178.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,257 shares of the company's stock worth $128,000 after purchasing an additional 1,447 shares during the period. WMG Financial Advisors LLC lifted its holdings in shares of First Trust NASDAQ ABA Community Bank Index Fund by 10.5% during the second quarter. WMG Financial Advisors LLC now owns 6,142 shares of the company's stock worth $333,000 after buying an additional 585 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of First Trust NASDAQ ABA Community Bank Index Fund by 5.8% during the second quarter. Janney Montgomery Scott LLC now owns 6,612 shares of the company's stock worth $358,000 after buying an additional 365 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund in the second quarter valued at approximately $364,000. Finally, Cetera Investment Advisers grew its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 86.3% in the second quarter. Cetera Investment Advisers now owns 11,552 shares of the company's stock worth $626,000 after acquiring an additional 5,352 shares during the last quarter.

## About First Trust NASDAQ ABA Community Bank Index Fund

(Get Free Report)

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.

## Further Reading

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_This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._

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