First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Sets New 12-Month High at $78.14

Shares of First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) reached a new 52-week high during trading on Monday . The stock traded as high as $78.14 and last traded at $78.12, with a volume of 35504 shares trading hands. The stock had previously closed at $77.43.

First Trust NASDAQ Technology Dividend Index Fund Stock Performance

The company’s fifty day moving average price is $73.82 and its 200-day moving average price is $69.35. The stock has a market cap of $2.76 billion, a P/E ratio of 26.61 and a beta of 1.00.

First Trust NASDAQ Technology Dividend Index Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a $0.3664 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.47 annualized dividend and a dividend yield of 1.86%.

Institutional Investors Weigh In On First Trust NASDAQ Technology Dividend Index Fund

Institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC bought a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter worth about $57,000. Creekmur Asset Management LLC purchased a new position in First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter worth about $68,000. Principal Securities Inc. purchased a new position in First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter worth about $92,000. Hazlett Burt & Watson Inc. increased its stake in First Trust NASDAQ Technology Dividend Index Fund by 35.7% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 2,752 shares of the company’s stock worth $191,000 after buying an additional 724 shares during the period. Finally, Owen LaRue LLC purchased a new position in First Trust NASDAQ Technology Dividend Index Fund in the 1st quarter worth about $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.