First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) Short Interest Update

First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 57,465 shares, a decrease of 39.8% from the November 30th total of 95,443 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 105,182 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 105,182 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

First Trust Dow Jones Global Select Dividend Index Fund Price Performance

Shares of FGD traded down $0.02 during midday trading on Friday, reaching $30.53. 134,414 shares of the stock were exchanged, compared to its average volume of 152,113. First Trust Dow Jones Global Select Dividend Index Fund has a twelve month low of $21.60 and a twelve month high of $30.79. The company has a market capitalization of $983.07 million, a price-to-earnings ratio of 9.79 and a beta of 0.76. The business’s 50-day moving average price is $29.78 and its 200 day moving average price is $28.92.

Institutional Investors Weigh In On First Trust Dow Jones Global Select Dividend Index Fund

Large investors have recently modified their holdings of the stock. Ameriprise Financial Inc. lifted its holdings in shares of First Trust Dow Jones Global Select Dividend Index Fund by 48.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,807,702 shares of the company’s stock valued at $49,794,000 after buying an additional 593,342 shares during the period. Raymond James Financial Inc. increased its holdings in shares of First Trust Dow Jones Global Select Dividend Index Fund by 428.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,163,034 shares of the company’s stock valued at $32,030,000 after purchasing an additional 942,903 shares in the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co lifted its stake in shares of First Trust Dow Jones Global Select Dividend Index Fund by 68.2% in the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,063,000 shares of the company’s stock valued at $29,275,000 after purchasing an additional 431,000 shares during the period. AE Wealth Management LLC boosted its holdings in First Trust Dow Jones Global Select Dividend Index Fund by 1.4% during the third quarter. AE Wealth Management LLC now owns 870,473 shares of the company’s stock worth $25,026,000 after buying an additional 11,964 shares in the last quarter. Finally, UBS Group AG increased its holdings in First Trust Dow Jones Global Select Dividend Index Fund by 8.6% in the third quarter. UBS Group AG now owns 766,643 shares of the company’s stock valued at $22,041,000 after buying an additional 60,922 shares in the last quarter.

First Trust Dow Jones Global Select Dividend Index Fund Company Profile

First Trust Dow Jones Global Select Dividend Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Global Select Dividend Index (the Index). The Index is an indicated annual dividend yield weighted index of 100 stocks selected from the developed market portion of the Dow Jones World Index, subject to certain buffers designed to limit turnover. The Index universe is defined as all component companies of the 24 developed-market country indexes in the Dow Jones Global Indexes family.