First Trust Value Line Dividend Index Fund (FVD) Price, Holdings, & News

ETF Overview

First Trust Value Line Dividend Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Value Line Dividend Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to objectively identify and select those stocks from the universe of stocks, of which Value Line, Inc. gives a Safety Ranking of #1 or #2 in the Value Line Safety Ranking System and have the potential to pay above-average dividends and capital appreciation. The Index is rebalanced on a monthly basis. The Fund's investment advisor is First Trust Advisors L.P.

Key Stats

• Today's Range: $45.95 to $46.34
• 50-Day Range: $44.73 to $46.86
• 52-Week Range: $40.06 to $47.01
• Volume: 366,488 shs
• Average Volume: 619,863 shs
• Market Capitalization: $9.19 billion
• Assets Under Management: $9.18 billion
• Dividend Yield: 2.22%
• Net Expense Ratio: 0.61%
• Aggregate Rating: Moderate Buy

FVD ETF - Frequently Asked Questions

How have FVD shares performed this year?

First Trust Value Line Dividend Index Fund's stock was trading at $43.64 at the beginning of 2025. Since then, FVD shares have increased by 5.4% and is now trading at $45.98.

Who are First Trust Value Line Dividend Index Fund's major shareholders?

Top institutional investors of First Trust Value Line Dividend Index Fund include Bank of America Corp DE (3.25%), Raymond James Financial Inc. (2.98%), Ameriprise Financial Inc. (2.79%) and Envestnet Asset Management Inc. (1.53%).

How do I buy shares of First Trust Value Line Dividend Index Fund?

Shares of FVD 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.

What other stocks do shareholders of First Trust Value Line Dividend Index Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Value Line Dividend Index Fund investors own include JPMorgan Chase & Co. (JPM), PepsiCo (PEP), CVS Health (CVS), Cisco Systems (CSCO), Chevron (CVX), CocaCola (KO) and Johnson & Johnson (JNJ).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Value Line Dividend Index Fund
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FVD
• Inception Date: 8/19/2003
• Fund Manager: Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
• Web: www.ftportfolios.com
• Phone: +1-800-6211675

Fund Focus

• Asset Class: Equity
• Benchmark: Value Line Dividend Index
• Category: Strategy
• Focus: High Dividend Yield
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 233

Fund Statistics

• Assets Under Management: $9.18 billion
• Average Daily Volume: $490.31 thousand
• Discount/Premium: -0.03%

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: RBC Capital Markets

Options

• Optionable: Optionable
• Options Volume: 10
• Put Options: 2
• Call Options: 10
• Short Interest: 401,900 shs

Miscellaneous

• Outstanding Shares: 199,890,000
• Beta: 0.79
• Creation Unit: 50,000
• Creation Fee: $1,000.00