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

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 70,800 shares, a decline 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.

First Trust NASDAQ Technology Dividend Index Fund Trading Down 0.2 %

Shares of TDIV stock traded down $0.20 during mid-day trading on Monday, reaching $79.83. The stock 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 1-year low of $53.92 and a 1-year high of $82.43. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 26.61 and a beta of 1.00. The business’s fifty day moving average is $78.72 and its 200-day moving average is $75.17.

First Trust NASDAQ Technology Dividend Index Fund Cuts Dividend

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

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

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

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.