First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Shares Up 1.5%

Shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) traded up 1.5% during trading on Thursday . The stock traded as high as $113.13 and last traded at $113.04. 30,837 shares were traded during mid-day trading, a decline of 42% from the average session volume of 53,628 shares. The stock had previously closed at $111.34.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Trading Up 1.7 %

The firm’s 50-day moving average price is $112.22 and its 200 day moving average price is $103.14. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 27.59 and a beta of 1.25.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.1018 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.41 annualized dividend and a yield of 0.35%.

Institutional Trading of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Advisors Preferred LLC acquired a new position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the third quarter worth about $37,000. VisionPoint Advisory Group LLC bought a new position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter valued at approximately $54,000. Edmond DE Rothschild Holding S.A. bought a new position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter valued at approximately $55,000. Spire Wealth Management boosted its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 59.9% in the third quarter. Spire Wealth Management now owns 603 shares of the company’s stock valued at $57,000 after buying an additional 226 shares in the last quarter. Finally, Banque Cantonale Vaudoise increased its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 62.5% during the first quarter. Banque Cantonale Vaudoise now owns 520 shares of the company’s stock worth $60,000 after buying an additional 200 shares in 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.