First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Short Interest Update

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 22,300 shares, a decline of 82.5% from the March 31st total of 127,400 shares. Based on an average daily trading volume, of 96,400 shares, the short-interest ratio is currently 0.2 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Avior Wealth Management LLC raised its position in First Trust NASDAQ Technology Dividend Index Fund by 4.7% during the third quarter. Avior Wealth Management LLC now owns 6,205 shares of the company's stock valued at $348,000 after purchasing an additional 279 shares in the last quarter. Simplicity Solutions LLC acquired a new position in shares of First Trust NASDAQ Technology Dividend Index Fund during the 3rd quarter worth $218,000. TFG Advisers LLC raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 4.6% during the 3rd quarter. TFG Advisers LLC now owns 11,956 shares of the company's stock worth $671,000 after buying an additional 530 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its position in shares of First Trust NASDAQ Technology Dividend Index Fund by 24.8% during the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 6,295 shares of the company's stock worth $353,000 after buying an additional 1,250 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in First Trust NASDAQ Technology Dividend Index Fund by 2.3% in the third quarter. Commonwealth Equity Services LLC now owns 247,232 shares of the company's stock valued at $13,867,000 after buying an additional 5,518 shares in the last quarter.

First Trust NASDAQ Technology Dividend Index Fund Stock Performance

Shares of NASDAQ TDIV traded down $0.37 during midday trading on Thursday, reaching $66.91. The company's stock had a trading volume of 58,181 shares, compared to its average volume of 99,826. First Trust NASDAQ Technology Dividend Index Fund has a fifty-two week low of $51.29 and a fifty-two week high of $71.17. The business's 50 day moving average price is $68.47 and its two-hundred day moving average price is $63.94. The company has a market cap of $2.31 billion, a P/E ratio of 26.83 and a beta of 1.00.

First Trust NASDAQ Technology Dividend Index Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a $0.1907 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.14%.

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.

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