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NASDAQ:GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) Price, Holdings, & News

$121.19
-0.14 (-0.12%)
(As of 05/22/2024 ET)
Today's Range
$120.37
$121.65
50-Day Range
$109.73
$121.53
52-Week Range
$85.10
$121.65
Volume
153,561 shs
Average Volume
76,648 shs
Market Capitalization
$1.09 billion
Assets Under Management
$1.37 billion
Dividend Yield
1.08%
Net Expense Ratio
0.58%
GRID stock logo

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID)

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. The Index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. First Trust Advisors L.P. acts as an investment advisor of the Fund.

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Fund Details

Issuer
First Trust
Fund Name
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:GRID
Inception Date
11/16/2009
Fund Manager
Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo

Fund Focus

Asset Class
Equity
Benchmark
Nasdaq Clean Edge Smart Grid Infrastructure Index
Category
Strategy
Focus
Theme
Development Level
Blended Development
Region
Global
Number of Holdings
103

Fund Statistics

Assets Under Management
$1.37 billion
Average Daily Volume
$148,697.50
Discount/Premium
0.43%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
First Trust Advisors L.P.
Custodian
The Bank of New York Mellon Corporation
Distributor
First Trust Portfolios L.P.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
Optionable
Options Volume
1
Put Options
5
Call Options
1
Short Interest
9,600 shs

Miscellaneous

Beta
1.25
Creation Unit
50,000
Creation Fee
$500.00
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First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Expenses

TypeGRIDTheme ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.40%0.57%0.54%0.48%0.51%
Other Expenses0.18%0.72%0.54%0.34%0.58%
Total Expense0.58%0.72%0.70%0.58%0.70%
Fee Waiver0.00%-0.76%-0.55%-0.22%-0.56%
Net Expense0.58%0.59%0.60%0.54%0.58%

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) Holdings & Exposure

GRID Sector Exposure

GRID Industry Exposure


GRID ETF - Frequently Asked Questions

How have GRID shares performed in 2024?

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund's stock was trading at $104.71 at the start of the year. Since then, GRID stock has increased by 15.7% and is now trading at $121.19.
View the best growth stocks for 2024 here
.

How often does First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund pay dividends? What is the dividend yield for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund?

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund announced a quarterly dividend on Wednesday, March 20th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.1018 per share on Thursday, March 28th. This represents a $0.41 annualized dividend and a yield of 0.34%. The ex-dividend date of this dividend is Thursday, March 21st.
Read our dividend analysis for GRID
.

What does GRID invest in?

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund is a equity fund issued by First Trust. GRID focuses on theme investments and follows the Nasdaq Clean Edge Smart Grid Infrastructure Index. The fund's investments total to approximately $1.37 billion assets under management.

What stocks does First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund hold?
What is the management fee for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund?

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund's management fee is 0.40% and has other expenses of 0.18%. The net expense ratio for GRID is 0.58%.

What other stocks do shareholders of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund investors own include DNB Financial (DNBF), Lannett (LCI), Newmont (NEM), Boston Scientific (BSX), bluebird bio (BLUE), TopBuild (BLD), Balchem (BCPC), AV Homes (AVHI), Arconic (ARNC) and Allegion (ALLE).

Who are First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund's major shareholders?

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Arlington Financial Advisors LLC (2.41%), Kestra Advisory Services LLC (1.37%), Private Advisor Group LLC (1.07%), Cambridge Investment Research Advisors Inc. (0.88%), Commonwealth Equity Services LLC (0.84%) and Raymond James & Associates (0.75%).

How do I buy shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund?

Shares of GRID stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GRID) was last updated on 5/23/2024 by MarketBeat.com Staff

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