First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Reaches New 1-Year High at $72.63

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $72.63 and last traded at $72.59, with a volume of 13388 shares changing hands. The stock had previously closed at $72.06.

First Trust NASDAQ Technology Dividend Index Fund Trading Up 0.8 %

The company has a market cap of $2.54 billion, a PE ratio of 26.61 and a beta of 1.00. The business has a fifty day moving average of $68.89 and a 200-day moving average of $65.84.

First Trust NASDAQ Technology Dividend Index Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.1907 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.76 dividend on an annualized basis and a yield of 1.04%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Atria Investments Inc increased its holdings in First Trust NASDAQ Technology Dividend Index Fund by 8.3% during the 1st quarter. Atria Investments Inc now owns 31,864 shares of the company’s stock valued at $2,220,000 after purchasing an additional 2,432 shares during the period. National Wealth Management Group LLC boosted its position in First Trust NASDAQ Technology Dividend Index Fund by 83.2% during the 1st quarter. National Wealth Management Group LLC now owns 6,551 shares of the company’s stock valued at $456,000 after acquiring an additional 2,975 shares in the last quarter. Coppell Advisory Solutions Corp. bought a new stake in First Trust NASDAQ Technology Dividend Index Fund during the 1st quarter valued at approximately $4,920,000. B. Riley Wealth Advisors Inc. boosted its position in First Trust NASDAQ Technology Dividend Index Fund by 44.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 8,885 shares of the company’s stock valued at $619,000 after acquiring an additional 2,734 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its position in First Trust NASDAQ Technology Dividend Index Fund by 4.2% during the 1st quarter. EP Wealth Advisors LLC now owns 7,482 shares of the company’s stock valued at $521,000 after acquiring an additional 305 shares in the last quarter.

About First Trust NASDAQ Technology Dividend Index Fund

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.