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

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

First Trust NASDAQ Technology Dividend Index Fund Trading Up 1.3%

The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of 25.15 and a beta of 1.00. The stock's 50 day moving average price is $74.54 and its 200 day moving average price is $77.88.

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 given a dividend of $0.2703 per share. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 1.30%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Modern Wealth Management LLC raised its stake in shares of First Trust NASDAQ Technology Dividend Index Fund by 6.6% during the 1st quarter. Modern Wealth Management LLC now owns 6,778 shares of the company's stock worth $499,000 after purchasing an additional 420 shares in the last quarter. Nova Wealth Management Inc. increased its holdings in First Trust NASDAQ Technology Dividend Index Fund by 16.3% during the first quarter. Nova Wealth Management Inc. now owns 6,063 shares of the company's stock worth $446,000 after buying an additional 849 shares during the last quarter. Geneos Wealth Management Inc. raised its position in First Trust NASDAQ Technology Dividend Index Fund by 9.4% during the first quarter. Geneos Wealth Management Inc. now owns 4,513 shares of the company's stock worth $332,000 after acquiring an additional 386 shares in the last quarter. Focus Partners Wealth lifted its stake in First Trust NASDAQ Technology Dividend Index Fund by 7.3% in the first quarter. Focus Partners Wealth now owns 11,082 shares of the company's stock valued at $816,000 after acquiring an additional 756 shares during the last quarter. Finally, Integrity Alliance LLC. acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund in the first quarter valued at $959,000.

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.