First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report)'s stock price rose 0.2% during trading on Monday . The company traded as high as $93.15 and last traded at $92.51. Approximately 78,132 shares traded hands during trading, a decline of 39% from the average daily volume of 128,570 shares. The stock had previously closed at $92.29.
First Trust NASDAQ Technology Dividend Index Fund Price Performance
The firm has a market capitalization of $3.39 billion, a P/E ratio of 25.63 and a beta of 1.00. The firm's fifty day moving average price is $86.28 and its 200-day moving average price is $79.97.
First Trust NASDAQ Technology Dividend Index Fund Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were paid a $0.3191 dividend. The ex-dividend date was Thursday, June 26th. This is a boost from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.27. This represents a $1.28 dividend on an annualized basis and a yield of 1.38%.
Hedge Funds Weigh In On First Trust NASDAQ Technology Dividend Index Fund
A number of institutional investors and hedge funds have recently bought and sold shares of TDIV. Millstone Evans Group LLC bought a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund during the fourth quarter valued at approximately $28,000. Modern Wealth Management LLC bought a new stake in First Trust NASDAQ Technology Dividend Index Fund during the fourth quarter worth approximately $586,000. PKS Advisory Services LLC acquired a new position in First Trust NASDAQ Technology Dividend Index Fund in the fourth quarter worth about $591,000. Morey & Quinn Wealth Partners LLC bought a new position in shares of First Trust NASDAQ Technology Dividend Index Fund in the fourth quarter worth $2,455,000. Finally, JPMorgan Chase & Co. lifted its holdings in First Trust NASDAQ Technology Dividend Index Fund by 12.4% during the 4th quarter. JPMorgan Chase & Co. now owns 43,830 shares of the company's stock worth $3,439,000 after buying an additional 4,852 shares during the period.
About First Trust NASDAQ Technology Dividend Index Fund
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider First Trust NASDAQ Technology Dividend Index Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust NASDAQ Technology Dividend Index Fund wasn't on the list.
While First Trust NASDAQ Technology Dividend Index Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
