First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) Shares Up 1.3% – Time to Buy?

Shares of First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) shot up 1.3% on Tuesday . The company traded as high as $45.13 and last traded at $45.13. 309,880 shares were traded during mid-day trading, a decline of 65% from the average session volume of 876,170 shares. The stock had previously closed at $44.56.

First Trust Value Line Dividend Index Fund Stock Down 0.2 %

The stock has a 50 day simple moving average of $45.06 and a two-hundred day simple moving average of $43.02. The stock has a market capitalization of $10.73 billion, a P/E ratio of 19.88 and a beta of 0.62.

Institutional Trading of First Trust Value Line Dividend Index Fund

A number of hedge funds have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Trust Value Line Dividend Index Fund in the 2nd quarter valued at $34,000. Moisand Fitzgerald Tamayo LLC acquired a new position in First Trust Value Line Dividend Index Fund in the 3rd quarter valued at $39,000. Lynx Investment Advisory acquired a new position in First Trust Value Line Dividend Index Fund in the 2nd quarter valued at $41,000. Pathway Financial Advisers LLC acquired a new position in First Trust Value Line Dividend Index Fund in the 3rd quarter valued at $48,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of First Trust Value Line Dividend Index Fund in the 3rd quarter valued at $60,000.

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.