First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Shares Down 0% - Time to Sell?

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report) fell 0% on Thursday . The stock traded as low as $81.14 and last traded at $81.51. 88,870 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 137,881 shares. The stock had previously closed at $81.52.

First Trust NASDAQ Technology Dividend Index Fund Trading Down 0.7%

The business has a 50-day moving average price of $74.42 and a two-hundred day moving average price of $77.86. The stock has a market capitalization of $2.96 billion, a P/E ratio of 25.15 and a beta of 1.05.

First Trust NASDAQ Technology Dividend Index Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.2703 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.25.

Institutional Investors Weigh In On First Trust NASDAQ Technology Dividend Index Fund

A number of large investors have recently bought and sold shares of the company. Millstone Evans Group LLC acquired a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund during the 4th quarter worth approximately $28,000. Transce3nd LLC acquired a new position in First Trust NASDAQ Technology Dividend Index Fund during the fourth quarter valued at approximately $36,000. Arlington Trust Co LLC bought a new stake in First Trust NASDAQ Technology Dividend Index Fund during the first quarter worth $37,000. Bernard Wealth Management Corp. acquired a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter valued at $41,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 16,820.0% in the 1st quarter. Sound Income Strategies LLC now owns 846 shares of the company's stock valued at $62,000 after purchasing an additional 841 shares in the last quarter.

About First Trust NASDAQ Technology Dividend Index Fund

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.