Shares of First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $92.80 and last traded at $92.73, with a volume of 2421 shares traded. The stock had previously closed at $92.51.
First Trust NASDAQ Technology Dividend Index Fund Trading Up 0.7%
The business's 50-day simple moving average is $86.28 and its 200 day simple moving average is $79.97. The company has a market capitalization of $3.41 billion, a P/E ratio of 25.63 and a beta of 1.00.
First Trust NASDAQ Technology Dividend Index Fund Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were paid a $0.3191 dividend. The ex-dividend date was Thursday, June 26th. This represents a $1.28 annualized dividend and a dividend yield of 1.37%. This is a boost from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.27.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in TDIV. Bank of America Corp DE increased its position in shares of First Trust NASDAQ Technology Dividend Index Fund by 16.0% in the fourth quarter. Bank of America Corp DE now owns 1,378,342 shares of the company's stock worth $108,145,000 after acquiring an additional 190,519 shares in the last quarter. Kestra Investment Management LLC boosted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 92.3% during the first quarter. Kestra Investment Management LLC now owns 342,984 shares of the company's stock worth $25,247,000 after purchasing an additional 164,667 shares during the period. LPL Financial LLC boosted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 5.3% during the first quarter. LPL Financial LLC now owns 2,366,613 shares of the company's stock worth $174,206,000 after purchasing an additional 119,189 shares during the period. Cetera Investment Advisers lifted its stake in First Trust NASDAQ Technology Dividend Index Fund by 30.8% in the fourth quarter. Cetera Investment Advisers now owns 444,864 shares of the company's stock valued at $34,904,000 after acquiring an additional 104,769 shares during the last quarter. Finally, SOA Wealth Advisors LLC. acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund in the first quarter valued at approximately $7,056,000.
First Trust NASDAQ Technology Dividend Index Fund Company Profile
(
Get Free Report)
The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.
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