First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Sets New 12-Month High at $76.64

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $76.64 and last traded at $76.64, with a volume of 15129 shares trading hands. The stock had previously closed at $76.10.

First Trust NASDAQ Technology Dividend Index Fund Stock Up 1.6 %

The stock has a market capitalization of $2.67 billion, a PE ratio of 26.61 and a beta of 1.00. The stock’s 50 day moving average price is $70.41 and its 200-day moving average price is $67.59.

First Trust NASDAQ Technology Dividend Index Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.1907 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.76 annualized dividend and a yield of 0.99%.

Hedge Funds Weigh In On First Trust NASDAQ Technology Dividend Index Fund

Several institutional investors have recently bought and sold shares of TDIV. Cornerstone Wealth Management LLC boosted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 8.5% in the 4th quarter. Cornerstone Wealth Management LLC now owns 8,138 shares of the company’s stock valued at $522,000 after buying an additional 639 shares in the last quarter. IFP Advisors Inc lifted its position in First Trust NASDAQ Technology Dividend Index Fund by 38.4% during the fourth quarter. IFP Advisors Inc now owns 33,571 shares of the company’s stock valued at $2,152,000 after acquiring an additional 9,318 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund in the third quarter valued at approximately $228,000. Arden Trust Co grew its holdings in First Trust NASDAQ Technology Dividend Index Fund by 8.1% in the fourth quarter. Arden Trust Co now owns 180,045 shares of the company’s stock worth $11,539,000 after purchasing an additional 13,430 shares during the last quarter. Finally, Park National Corp OH increased its position in shares of First Trust NASDAQ Technology Dividend Index Fund by 3.8% during the fourth quarter. Park National Corp OH now owns 317,063 shares of the company’s stock worth $20,321,000 after purchasing an additional 11,689 shares in the last quarter.

About First Trust NASDAQ Technology Dividend Index Fund

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.