First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) Reaches New 12-Month High at $43.15

First Trust Value Line Dividend Index Fund (NYSEARCA:FVD)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $43.15 and last traded at $43.15, with a volume of 44118 shares. The stock had previously closed at $43.01.

First Trust Value Line Dividend Index Fund Stock Down 0.0 %

The business has a 50-day simple moving average of $41.52 and a 200-day simple moving average of $41.22. The company has a market cap of $10.15 billion, a PE ratio of 19.88 and a beta of 0.62.

Institutional Investors Weigh In On First Trust Value Line Dividend Index Fund

Institutional investors have recently bought and sold shares of the company. Fifth Third Bancorp boosted its stake in First Trust Value Line Dividend Index Fund by 34.7% during the 4th quarter. Fifth Third Bancorp now owns 9,775 shares of the company’s stock worth $396,000 after purchasing an additional 2,518 shares during the last quarter. TIAA Trust National Association boosted its position in First Trust Value Line Dividend Index Fund by 14.8% during the fourth quarter. TIAA Trust National Association now owns 6,988 shares of the company’s stock worth $283,000 after acquiring an additional 899 shares during the last quarter. Derbend Asset Management purchased a new stake in First Trust Value Line Dividend Index Fund during the 4th quarter valued at about $709,000. Clear Creek Financial Management LLC raised its holdings in First Trust Value Line Dividend Index Fund by 1.2% in the 4th quarter. Clear Creek Financial Management LLC now owns 270,728 shares of the company’s stock valued at $10,981,000 after acquiring an additional 3,230 shares during the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. increased its holdings in shares of First Trust Value Line Dividend Index Fund by 3.7% during the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 38,513 shares of the company’s stock worth $1,562,000 after buying an additional 1,359 shares during the last quarter.

First Trust Value Line Dividend Index Fund Company Profile

First Trust Value Line Dividend Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Value Line Dividend Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.