--- title: "First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Shares Down 1.4% - Here's What Happened" type: "News" locale: "en" url: "https://longbridge.com/en/news/285153156.md" description: "First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) shares fell 1.4% to $61.11 during mid-day trading, with a significant drop in trading volume. The fund recently announced a quarterly dividend of $0.3419 per share, yielding 2.2%. Several large investors, including Truist Financial and Goldman Sachs, have adjusted their stakes in the fund. QABA tracks an index of NASDAQ-listed banks and thrifts, excluding the largest 50, and has a market cap of $76.39 million." datetime: "2026-05-05T04:34:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285153156.md) - [en](https://longbridge.com/en/news/285153156.md) - [zh-HK](https://longbridge.com/zh-HK/news/285153156.md) --- # First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Shares Down 1.4% - Here's What Happened First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report) was down 1.4% during mid-day trading on Monday . The stock traded as low as $61.12 and last traded at $61.11. Approximately 753 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 8,358 shares. The stock had previously closed at $61.99. ## First Trust NASDAQ ABA Community Bank Index Fund Trading Down 1.4% - 5 best bank ETFs to buy now The firm's fifty day moving average price is $59.55 and its 200-day moving average price is $58.31. The company has a market cap of $76.39 million, a P/E ratio of 13.59 and a beta of 0.77. ## First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.3419 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.37 dividend on an annualized basis and a yield of 2.2%. ## Hedge Funds Weigh In On First Trust NASDAQ ABA Community Bank Index Fund - Want Diversified Exposure in the Regional Banks? Try These ETFs Several large investors have recently added to or reduced their stakes in the company. Truist Financial Corp lifted its position in shares of First Trust NASDAQ ABA Community Bank Index Fund by 0.7% in the 3rd quarter. Truist Financial Corp now owns 38,713 shares of the company's stock worth $2,174,000 after acquiring an additional 267 shares during the period. Goldman Sachs Group Inc. increased its position in shares of First Trust NASDAQ ABA Community Bank Index Fund by 1.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 40,389 shares of the company's stock valued at $2,289,000 after purchasing an additional 469 shares during the period. UBS Group AG raised its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 0.4% in the third quarter. UBS Group AG now owns 164,070 shares of the company's stock valued at $9,213,000 after purchasing an additional 594 shares in the last quarter. Merkkuri Wealth Advisors LLC bought a new position in First Trust NASDAQ ABA Community Bank Index Fund in the first quarter worth $59,000. Finally, Kestra Advisory Services LLC bought a new position in First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter worth $73,000. ## 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. ## See Also - Five stocks we like better than First Trust NASDAQ ABA Community Bank Index Fund _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._ ## Should You Invest $1,000 in First Trust NASDAQ ABA Community Bank Index Fund Right Now? Before you consider First Trust NASDAQ ABA Community Bank Index Fund, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust NASDAQ ABA Community Bank Index Fund wasn't on the list. While First Trust NASDAQ ABA Community Bank Index Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [GS-C.US](https://longbridge.com/en/quote/GS-C.US.md) - [GS-A.US](https://longbridge.com/en/quote/GS-A.US.md) - [GS-D.US](https://longbridge.com/en/quote/GS-D.US.md) - [QABA.US](https://longbridge.com/en/quote/QABA.US.md) - [TFC.US](https://longbridge.com/en/quote/TFC.US.md) - [UBS.US](https://longbridge.com/en/quote/UBS.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [What Goldman’s lead role in SpaceX’s record-breaking IPO means for investors](https://longbridge.com/en/news/287123542.md) - [Goldman's Pasquariello Sees "Cause For Some Momentum Sobriety"](https://longbridge.com/en/news/286791105.md) - [3 Gold-Rated Index Funds We Love Right Now](https://longbridge.com/en/news/286821241.md) - [Investment banking advisory Lincoln International prices IPO at $20, the high end of the range](https://longbridge.com/en/news/287063011.md) - [HighTower Advisors LLC Has $231.18 Million Stake in The Goldman Sachs Group, Inc. $GS](https://longbridge.com/en/news/286875690.md)