First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) Trading 0.6% Higher

First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) shares traded up 0.6% on Wednesday . The company traded as high as $23.91 and last traded at $23.86. 46,780 shares were traded during trading, a decline of 58% from the average session volume of 110,277 shares. The stock had previously closed at $23.71.

First Trust DJ Global Select Dividend Index Fund Price Performance

The stock’s 50-day moving average price is $22.86 and its 200-day moving average price is $22.72. The company has a market cap of $575.03 million, a P/E ratio of 5.73 and a beta of 0.78.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Rothschild Investment LLC acquired a new position in First Trust DJ Global Select Dividend Index Fund in the second quarter valued at about $33,000. Whittier Trust Co. of Nevada Inc. bought a new position in First Trust DJ Global Select Dividend Index Fund in the 2nd quarter valued at about $45,000. FinTrust Capital Advisors LLC raised its position in shares of First Trust DJ Global Select Dividend Index Fund by 62.5% in the 1st quarter. FinTrust Capital Advisors LLC now owns 2,079 shares of the company’s stock valued at $47,000 after buying an additional 800 shares in the last quarter. Family Firm Inc. bought a new stake in shares of First Trust DJ Global Select Dividend Index Fund during the 2nd quarter worth approximately $52,000. Finally, CWM LLC boosted its position in shares of First Trust DJ Global Select Dividend Index Fund by 84.6% during the 2nd quarter. CWM LLC now owns 3,465 shares of the company’s stock worth $77,000 after acquiring an additional 1,588 shares in the last quarter.

First Trust DJ Global Select Dividend Index Fund Company Profile

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.