Shares of First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 231,559 shares were traded during mid-day trading, an increase of 63% from the previous session's volume of 142,310 shares.The stock last traded at $69.17 and had previously closed at $70.23.
First Trust NASDAQ Technology Dividend Index Fund Trading Down 1.8 %
The company has a market cap of $2.44 billion, a price-to-earnings ratio of 23.56 and a beta of 1.00. The firm's 50-day moving average price is $75.37 and its 200 day moving average price is $78.52.
First Trust NASDAQ Technology Dividend Index Fund Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.2703 per share. This is a boost from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.25. The ex-dividend date was Thursday, March 27th. This represents a $1.08 dividend on an annualized basis and a yield of 1.60%.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the business. Raleigh Capital Management Inc. grew its stake in shares of First Trust NASDAQ Technology Dividend Index Fund by 100.8% in the 4th quarter. Raleigh Capital Management Inc. now owns 514 shares of the company's stock worth $40,000 after buying an additional 258 shares during the last quarter. Koshinski Asset Management Inc. lifted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 3.3% during the 4th quarter. Koshinski Asset Management Inc. now owns 18,918 shares of the company's stock valued at $1,484,000 after buying an additional 602 shares during the period. Pure Financial Advisors LLC purchased a new stake in First Trust NASDAQ Technology Dividend Index Fund during the fourth quarter valued at approximately $442,000. TrueWealth Advisors LLC grew its holdings in First Trust NASDAQ Technology Dividend Index Fund by 7.5% during the fourth quarter. TrueWealth Advisors LLC now owns 9,120 shares of the company's stock valued at $716,000 after purchasing an additional 633 shares during the period. Finally, AdvisorNet Financial Inc lifted its position in shares of First Trust NASDAQ Technology Dividend Index Fund by 84.4% during the 4th quarter. AdvisorNet Financial Inc now owns 1,346 shares of the company's stock valued at $106,000 after buying an additional 616 shares in the last quarter.
About First Trust NASDAQ Technology Dividend Index Fund
(
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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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