First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Sets New 1-Year High at $116.07

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) hit a new 52-week high during trading on Monday . The company traded as high as $116.07 and last traded at $116.01, with a volume of 10829 shares changing hands. The stock had previously closed at $114.94.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Price Performance

The stock has a market capitalization of $1.05 billion, a PE ratio of 27.59 and a beta of 1.25. The company’s 50 day moving average price is $112.58 and its two-hundred day moving average price is $103.71.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.1018 dividend. This represents a $0.41 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Trading of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Advisors Preferred LLC purchased a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the third quarter valued at about $37,000. VisionPoint Advisory Group LLC acquired a new position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter valued at about $54,000. Banque Cantonale Vaudoise grew its stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 62.5% in the 1st quarter. Banque Cantonale Vaudoise now owns 520 shares of the company’s stock valued at $60,000 after buying an additional 200 shares during the period. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 4th quarter worth approximately $55,000. Finally, Spire Wealth Management raised its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 59.9% during the 3rd quarter. Spire Wealth Management now owns 603 shares of the company’s stock valued at $57,000 after buying an additional 226 shares during the period.

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

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.