First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Reaches New 1-Year High - What's Next?

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $92.55 and last traded at $92.42, with a volume of 4599 shares trading hands. The stock had previously closed at $91.95.

First Trust NASDAQ Technology Dividend Index Fund Stock Down 0.5%

The firm has a market capitalization of $3.37 billion, a P/E ratio of 25.42 and a beta of 1.00. The business has a 50-day moving average price of $84.68 and a 200-day moving average price of $79.53.

First Trust NASDAQ Technology Dividend Index Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a $0.3191 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.39%. This is a boost from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Thursday, June 26th.

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

A number of large investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC grew its position in First Trust NASDAQ Technology Dividend Index Fund by 12.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 42,904 shares of the company's stock valued at $3,961,000 after acquiring an additional 4,867 shares during the period. Sandbox Financial Partners LLC bought a new stake in First Trust NASDAQ Technology Dividend Index Fund in the second quarter valued at $201,000. NBC Securities Inc. grew its position in First Trust NASDAQ Technology Dividend Index Fund by 40.8% in the second quarter. NBC Securities Inc. now owns 11,806 shares of the company's stock valued at $1,064,000 after acquiring an additional 3,422 shares during the period. Nova Wealth Management Inc. grew its position in First Trust NASDAQ Technology Dividend Index Fund by 12.5% in the second quarter. Nova Wealth Management Inc. now owns 6,821 shares of the company's stock valued at $615,000 after acquiring an additional 758 shares during the period. Finally, HBW Advisory Services LLC grew its position in First Trust NASDAQ Technology Dividend Index Fund by 3.4% in the second quarter. HBW Advisory Services LLC now owns 5,131 shares of the company's stock valued at $463,000 after acquiring an additional 167 shares during the period.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

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.