First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) Reaches New 1-Year High at $43.15

First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $43.15 and last traded at $43.15, with a volume of 44118 shares traded. The stock had previously closed at $43.01.

First Trust Value Line Dividend Index Fund Stock Performance

The stock’s 50-day simple moving average is $41.48 and its two-hundred day simple moving average is $41.19. The stock has a market cap of $10.11 billion, a price-to-earnings ratio of 19.88 and a beta of 0.62.

Hedge Funds Weigh In On First Trust Value Line Dividend Index Fund

Several large investors have recently made changes to their positions in the business. Livelsberger Financial Advisory bought a new stake in First Trust Value Line Dividend Index Fund in the 4th quarter valued at $25,000. Nordwand Advisors LLC acquired a new position in shares of First Trust Value Line Dividend Index Fund during the fourth quarter valued at about $28,000. Pineridge Advisors LLC bought a new stake in shares of First Trust Value Line Dividend Index Fund in the fourth quarter valued at about $34,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in First Trust Value Line Dividend Index Fund during the second quarter worth about $34,000. Finally, Lynx Investment Advisory bought a new position in First Trust Value Line Dividend Index Fund during the second quarter valued at about $41,000.

First Trust Value Line Dividend Index Fund Company Profile

First Trust Value Line Dividend Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Value Line Dividend Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.