First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Trading Up 0.8%

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID - Get Free Report) shares traded up 0.8% during mid-day trading on Thursday . The stock traded as high as $113.52 and last traded at $113.31. 49,198 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 55,613 shares. The stock had previously closed at $112.40.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Trading Up 0.8 %

The company has a 50 day moving average price of $109.91 and a 200-day moving average price of $101.04. The company has a market cap of $991.46 million, a P/E ratio of 25.04 and a beta of 1.25.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.1018 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.41 annualized dividend and a dividend yield of 0.36%.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. Aprio Wealth Management LLC grew its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 12.4% during the 1st quarter. Aprio Wealth Management LLC now owns 2,190 shares of the company's stock worth $251,000 after acquiring an additional 241 shares during the last quarter. Banque Cantonale Vaudoise grew its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 62.5% during the 1st quarter. Banque Cantonale Vaudoise now owns 520 shares of the company's stock worth $60,000 after acquiring an additional 200 shares during the last quarter. Voisard Asset Management Group Inc. bought a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 4th quarter worth $629,000. Harbour Investments Inc. grew its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 206.3% during the 4th quarter. Harbour Investments Inc. now owns 10,339 shares of the company's stock worth $1,083,000 after acquiring an additional 6,963 shares during the last quarter. Finally, Comerica Bank grew its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 15.2% in the 4th quarter. Comerica Bank now owns 3,852 shares of the company's stock valued at $403,000 after buying an additional 508 shares during the last quarter.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Company Profile

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.

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