First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Sees Strong Trading Volume

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) saw strong trading volume on Monday . 98,735 shares were traded during trading, an increase of 7% from the previous session’s volume of 91,907 shares.The stock last traded at $75.77 and had previously closed at $75.66.

First Trust NASDAQ Technology Dividend Index Fund Stock Up 0.6 %

The firm’s fifty day moving average price is $72.14 and its two-hundred day moving average price is $68.62. The stock has a market capitalization of $2.63 billion, a PE ratio of 26.61 and a beta of 1.00.

First Trust NASDAQ Technology Dividend Index Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a dividend of $0.3664 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.47 dividend on an annualized basis and a yield of 1.93%.

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC purchased a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the fourth quarter worth $57,000. Creekmur Asset Management LLC purchased a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the fourth quarter worth $68,000. Principal Securities Inc. purchased a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the fourth quarter worth $92,000. Hazlett Burt & Watson Inc. increased its stake in shares of First Trust NASDAQ Technology Dividend Index Fund by 35.7% in the first quarter. Hazlett Burt & Watson Inc. now owns 2,752 shares of the company’s stock worth $191,000 after purchasing an additional 724 shares in the last quarter. Finally, Owen LaRue LLC purchased a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the first quarter worth $203,000.

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.