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

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) saw unusually-strong trading volume on Monday . Approximately 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 business has a 50-day moving average of $72.14 and a 200-day moving average of $68.62. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 26.61 and a beta of 1.00.

First Trust NASDAQ Technology Dividend Index Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders 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 yield of 1.93%.

Hedge Funds Weigh In On First Trust NASDAQ Technology Dividend Index Fund

Several large investors have recently added to or reduced their stakes in TDIV. Aprio Wealth Management LLC raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 3.9% in the 4th quarter. Aprio Wealth Management LLC now owns 183,509 shares of the company’s stock worth $11,761,000 after buying an additional 6,948 shares in the last quarter. Centennial Wealth Advisory LLC acquired a new position in shares of First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter worth approximately $214,000. Redhawk Wealth Advisors Inc. acquired a new position in shares of First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter worth approximately $1,549,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 116.4% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 8,885 shares of the company’s stock worth $498,000 after buying an additional 4,780 shares in the last quarter. Finally, OneAscent Financial Services LLC raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 33.6% in the 4th quarter. OneAscent Financial Services LLC now owns 23,010 shares of the company’s stock worth $1,475,000 after buying an additional 5,785 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.