Short Interest in First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Decreases By 46.0%

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIVGet Rating) was the target of a large decline in short interest in April. As of April 30th, there was short interest totalling 29,300 shares, a decline of 46.0% from the April 15th total of 54,300 shares. Based on an average daily volume of 135,600 shares, the short-interest ratio is currently 0.2 days.

Several large investors have recently added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 2.7% during the 3rd quarter. Morgan Stanley now owns 1,626,776 shares of the company’s stock valued at $91,864,000 after purchasing an additional 42,200 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 4.7% during the 4th quarter. Bank of America Corp DE now owns 1,485,971 shares of the company’s stock valued at $93,394,000 after purchasing an additional 66,718 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 2.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,254,381 shares of the company’s stock valued at $78,838,000 after purchasing an additional 26,370 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 7.8% during the 4th quarter. LPL Financial LLC now owns 785,836 shares of the company’s stock valued at $49,390,000 after purchasing an additional 56,690 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 3.0% during the 3rd quarter. UBS Group AG now owns 713,622 shares of the company’s stock valued at $40,298,000 after purchasing an additional 20,919 shares in the last quarter.

NASDAQ:TDIV opened at $54.15 on Friday. First Trust NASDAQ Technology Dividend Index Fund has a fifty-two week low of $52.02 and a fifty-two week high of $64.24. The business’s 50-day simple moving average is $56.67 and its 200-day simple moving average is $59.04.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Monday, March 28th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.63%. The ex-dividend date was Friday, March 25th.

Further Reading

Receive News & Ratings for First Trust NASDAQ Technology Dividend Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust NASDAQ Technology Dividend Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.