First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report)'s stock price traded up 0% during mid-day trading on Tuesday . The company traded as high as $77.34 and last traded at $77.06. 77,890 shares changed hands during trading, a decline of 37% from the average session volume of 124,578 shares. The stock had previously closed at $77.03.
First Trust NASDAQ Technology Dividend Index Fund Trading Down 2.3 %
The stock's 50-day moving average is $79.37 and its 200-day moving average is $79.64. The stock has a market cap of $2.68 billion, a price-to-earnings ratio of 26.07 and a beta of 1.00.
First Trust NASDAQ Technology Dividend Index Fund Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.2703 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.08 annualized dividend and a dividend yield of 1.47%. This is a positive change from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.25.
Hedge Funds Weigh In On First Trust NASDAQ Technology Dividend Index Fund
Several hedge funds and other institutional investors have recently made changes to their positions in TDIV. Millstone Evans Group LLC purchased a new position in First Trust NASDAQ Technology Dividend Index Fund in the fourth quarter valued at about $28,000. Transce3nd LLC acquired a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the fourth quarter valued at about $36,000. Raleigh Capital Management Inc. raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 100.8% during the 4th quarter. Raleigh Capital Management Inc. now owns 514 shares of the company's stock valued at $40,000 after buying an additional 258 shares during the period. Bernard Wealth Management Corp. purchased a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund during the 4th quarter valued at about $41,000. Finally, ORG Partners LLC acquired a new position in First Trust NASDAQ Technology Dividend Index Fund during the 4th quarter worth approximately $47,000.
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.
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