First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) To Go Ex-Dividend on March 26th

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) declared a quarterly dividend on Wednesday, March 25th. Shareholders of record on Thursday, March 26th will be given a dividend of 0.1004 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Price Performance

NASDAQ:GRID opened at $161.57 on Friday. The company has a market cap of $6.24 billion, a price-to-earnings ratio of 23.47 and a beta of 1.25. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 1 year low of $99.78 and a 1 year high of $179.35. The stock’s 50 day simple moving average is $168.56 and its two-hundred day simple moving average is $158.32.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Large investors have recently bought and sold shares of the business. Morgan Stanley grew its stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 30.7% in the 4th quarter. Morgan Stanley now owns 2,948,976 shares of the company’s stock worth $451,252,000 after buying an additional 691,924 shares in the last quarter. LPL Financial LLC raised its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 42.1% during the 4th quarter. LPL Financial LLC now owns 1,699,802 shares of the company’s stock valued at $260,104,000 after buying an additional 503,963 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 47.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,527,000 shares of the company’s stock valued at $233,662,000 after buying an additional 490,000 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 21.3% in the 3rd quarter. Bank of America Corp DE now owns 1,447,811 shares of the company’s stock valued at $218,735,000 after acquiring an additional 254,139 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 30.8% in the 4th quarter. UBS Group AG now owns 1,267,833 shares of the company’s stock valued at $194,004,000 after acquiring an additional 298,762 shares during the last quarter.

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.