First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) Stock Price Down 0.3%

First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD)’s share price dropped 0.3% during mid-day trading on Monday . The company traded as low as $21.82 and last traded at $21.89. Approximately 51,832 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 165,132 shares. The stock had previously closed at $21.96.

First Trust DJ Global Select Dividend Index Fund Price Performance

The stock has a market capitalization of $694.01 million, a PE ratio of 5.40 and a beta of 0.92. The business’s fifty day moving average price is $22.30 and its 200-day moving average price is $21.67.

Institutional Investors Weigh In On First Trust DJ Global Select Dividend Index Fund

Institutional investors and hedge funds have recently modified their holdings of the company. NBC Securities Inc. purchased a new stake in First Trust DJ Global Select Dividend Index Fund in the third quarter valued at approximately $480,000. Cottonwood Capital Advisors LLC raised its stake in First Trust DJ Global Select Dividend Index Fund by 3.5% in the third quarter. Cottonwood Capital Advisors LLC now owns 21,752 shares of the company’s stock valued at $448,000 after purchasing an additional 741 shares in the last quarter. DDFG Inc raised its stake in shares of First Trust DJ Global Select Dividend Index Fund by 20.3% during the third quarter. DDFG Inc now owns 33,115 shares of the company’s stock worth $682,000 after acquiring an additional 5,583 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of First Trust DJ Global Select Dividend Index Fund by 1.1% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 108,769 shares of the company’s stock worth $2,242,000 after acquiring an additional 1,192 shares in the last quarter. Finally, Triumph Capital Management raised its stake in shares of First Trust DJ Global Select Dividend Index Fund by 1.8% during the third quarter. Triumph Capital Management now owns 37,870 shares of the company’s stock worth $781,000 after acquiring an additional 669 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.