First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Short Interest Update

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 22,300 shares, a decrease of 82.5% from the March 31st total of 127,400 shares. Based on an average daily volume of 96,400 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On First Trust NASDAQ Technology Dividend Index Fund

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC acquired a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the fourth quarter valued at about $57,000. Creekmur Asset Management LLC acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund during the fourth quarter worth about $68,000. Principal Securities Inc. acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund during the fourth quarter worth about $92,000. CENTRAL TRUST Co acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund during the third quarter worth about $168,000. Finally, Key Client Fiduciary Advisors LLC acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund during the first quarter worth about $220,000.

First Trust NASDAQ Technology Dividend Index Fund Price Performance

NASDAQ:TDIV traded up $0.67 during trading hours on Friday, reaching $67.58. The company’s stock had a trading volume of 53,381 shares, compared to its average volume of 99,252. The company has a market cap of $2.34 billion, a price-to-earnings ratio of 26.83 and a beta of 1.00. First Trust NASDAQ Technology Dividend Index Fund has a one year low of $51.37 and a one year high of $71.17. The business’s 50-day moving average is $68.47 and its 200-day moving average is $63.96.

First Trust NASDAQ Technology Dividend Index Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.1907 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date was Thursday, March 21st.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

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.