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

by · The Cerbat Gem

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 70,800 shares, a drop of 42.2% from the September 30th total of 122,500 shares. Based on an average daily volume of 102,100 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

Large investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its position in shares of First Trust NASDAQ Technology Dividend Index Fund by 17.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 22,586 shares of the company’s stock valued at $1,574,000 after purchasing an additional 3,380 shares in the last quarter. Barry Investment Advisors LLC purchased a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the 1st quarter worth about $287,000. Capital Advisors Ltd. LLC increased its stake in shares of First Trust NASDAQ Technology Dividend Index Fund by 7.8% in the 1st quarter. Capital Advisors Ltd. LLC now owns 34,677 shares of the company’s stock worth $2,416,000 after acquiring an additional 2,502 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its position in First Trust NASDAQ Technology Dividend Index Fund by 57.3% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 14,005 shares of the company’s stock valued at $976,000 after acquiring an additional 5,101 shares during the period. Finally, BlueChip Wealth Advisors LLC boosted its stake in First Trust NASDAQ Technology Dividend Index Fund by 26.7% during the first quarter. BlueChip Wealth Advisors LLC now owns 31,957 shares of the company’s stock worth $2,226,000 after acquiring an additional 6,741 shares in the last quarter.

First Trust NASDAQ Technology Dividend Index Fund Price Performance

NASDAQ:TDIV traded down $0.20 during trading hours on Monday, hitting $79.83. The company had a trading volume of 80,076 shares, compared to its average volume of 96,376. First Trust NASDAQ Technology Dividend Index Fund has a 52 week low of $53.92 and a 52 week high of $82.43. The company has a market capitalization of $2.89 billion, a PE ratio of 26.61 and a beta of 1.00. The stock has a 50-day moving average price of $78.72 and a 200 day moving average price of $75.17.

First Trust NASDAQ Technology Dividend Index Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.2456 per share. This represents a $0.98 annualized dividend and a dividend yield of 1.23%. The ex-dividend date was Thursday, September 26th.

About First Trust NASDAQ Technology Dividend Index Fund

(Get Free Report)

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.

Featured Articles