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 large increase in short interest during the month of December. As of December 15th, there was short interest totalling 83,100 shares, an increase of 81.4% from the November 30th total of 45,800 shares. Based on an average trading volume of 95,700 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

Several hedge funds and other institutional investors have recently bought and sold shares of TDIV. World Investment Advisors LLC increased its position in First Trust NASDAQ Technology Dividend Index Fund by 524.6% during the third quarter. World Investment Advisors LLC now owns 33,436 shares of the company’s stock valued at $2,685,000 after acquiring an additional 28,083 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in shares of First Trust NASDAQ Technology Dividend Index Fund by 10.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 21,826 shares of the company’s stock worth $1,746,000 after purchasing an additional 2,148 shares during the period. MML Investors Services LLC grew its holdings in First Trust NASDAQ Technology Dividend Index Fund by 16.1% during the 3rd quarter. MML Investors Services LLC now owns 42,725 shares of the company’s stock valued at $3,431,000 after purchasing an additional 5,935 shares during the last quarter. EP Wealth Advisors LLC raised its position in First Trust NASDAQ Technology Dividend Index Fund by 6.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 7,649 shares of the company’s stock worth $614,000 after purchasing an additional 472 shares during the period. Finally, Hilltop Holdings Inc. bought a new stake in First Trust NASDAQ Technology Dividend Index Fund in the third quarter worth about $462,000.

First Trust NASDAQ Technology Dividend Index Fund Stock Down 1.5 %

TDIV traded down $1.20 on Friday, hitting $79.53. The company had a trading volume of 24,336 shares, compared to its average volume of 95,614. The business’s fifty day simple moving average is $80.08 and its 200 day simple moving average is $78.12. First Trust NASDAQ Technology Dividend Index Fund has a 12-month low of $61.77 and a 12-month high of $82.43. The company has a market cap of $2.88 billion, a PE ratio of 26.61 and a beta of 1.00.

First Trust NASDAQ Technology Dividend Index Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.446 dividend. The ex-dividend date of this dividend is Friday, December 13th.

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.