First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) Hits New 12-Month High at $24.16

First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $24.16 and last traded at $24.16, with a volume of 11988 shares. The stock had previously closed at $23.74.

First Trust DJ Global Select Dividend Index Fund Stock Up 1.8 %

The company has a 50-day moving average of $22.90 and a 200 day moving average of $22.74. The firm has a market capitalization of $582.26 million, a PE ratio of 5.73 and a beta of 0.78.

Hedge Funds Weigh In On First Trust DJ Global Select Dividend Index Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AE Wealth Management LLC grew its position in First Trust DJ Global Select Dividend Index Fund by 5.5% during the second quarter. AE Wealth Management LLC now owns 863,706 shares of the company’s stock worth $19,288,000 after buying an additional 44,915 shares in the last quarter. Park National Corp OH lifted its stake in First Trust DJ Global Select Dividend Index Fund by 1.1% during the second quarter. Park National Corp OH now owns 347,093 shares of the company’s stock worth $7,751,000 after purchasing an additional 3,904 shares during the last quarter. Susquehanna International Group LLP lifted its stake in First Trust DJ Global Select Dividend Index Fund by 35.8% during the second quarter. Susquehanna International Group LLP now owns 192,940 shares of the company’s stock worth $4,309,000 after purchasing an additional 50,818 shares during the last quarter. International Assets Investment Management LLC bought a new stake in First Trust DJ Global Select Dividend Index Fund during the fourth quarter worth about $4,005,000. Finally, Lynx Investment Advisory bought a new stake in First Trust DJ Global Select Dividend Index Fund during the second quarter worth about $3,641,000.

About First Trust DJ Global Select Dividend Index Fund

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.