First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) Trading Up 0.1% – Time to Buy?

First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) shot up 0.1% during trading on Thursday . The company traded as high as $44.13 and last traded at $44.07. 263,374 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 822,070 shares. The stock had previously closed at $44.01.

First Trust Value Line Dividend Index Fund Trading Down 0.5 %

The stock’s 50 day moving average price is $45.31 and its two-hundred day moving average price is $44.00. The firm has a market capitalization of $10.28 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

Several institutional investors and hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC grew its position in shares of First Trust Value Line Dividend Index Fund by 4,431.5% during the third quarter. International Assets Investment Management LLC now owns 3,504,517 shares of the company’s stock worth $159,420,000 after acquiring an additional 3,427,180 shares during the last quarter. Strategic Financial Concepts LLC grew its position in First Trust Value Line Dividend Index Fund by 4,288.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,038,226 shares of the company’s stock worth $423,000 after purchasing an additional 1,014,567 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of First Trust Value Line Dividend Index Fund by 105.8% in the third quarter. JPMorgan Chase & Co. now owns 1,037,375 shares of the company’s stock valued at $47,190,000 after purchasing an additional 533,421 shares during the period. Benjamin Edwards Inc. raised its holdings in shares of First Trust Value Line Dividend Index Fund by 3,183.8% during the third quarter. Benjamin Edwards Inc. now owns 488,892 shares of the company’s stock valued at $22,245,000 after buying an additional 474,004 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of First Trust Value Line Dividend Index Fund during the second quarter worth approximately $9,863,000.

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.