First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC) Plans Dividend Increase – $0.02 Per Share
First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC - Get Rating) declared a quarterly dividend on Thursday, June 23rd, Zacks reports. Investors of record on Monday, June 27th will be paid a dividend of 0.024 per share on Thursday, June 30th. This represents a $0.10 dividend on an annualized basis and a yield of 0.08%. The ex-dividend date is Friday, June 24th. This is a boost from First Trust NASDAQ-100-Technology Sector Index Fund's previous quarterly dividend of $0.01.
Shares of QTEC opened at $122.72 on Friday. The stock has a 50 day moving average price of $125.58 and a 200 day moving average price of $145.22. First Trust NASDAQ-100-Technology Sector Index Fund has a 52-week low of $110.00 and a 52-week high of $181.83.
Hedge funds have recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new stake in shares of First Trust NASDAQ-100-Technology Sector Index Fund in the first quarter valued at approximately $43,000. Equitable Holdings Inc. acquired a new stake in shares of First Trust NASDAQ-100-Technology Sector Index Fund in the first quarter valued at approximately $285,000. First Republic Investment Management Inc. boosted its holdings in shares of First Trust NASDAQ-100-Technology Sector Index Fund by 3.0% in the first quarter. First Republic Investment Management Inc. now owns 9,511 shares of the company's stock valued at $1,450,000 after acquiring an additional 277 shares during the period. Cetera Investment Advisers boosted its holdings in shares of First Trust NASDAQ-100-Technology Sector Index Fund by 7.2% in the first quarter. Cetera Investment Advisers now owns 17,200 shares of the company's stock valued at $2,623,000 after acquiring an additional 1,155 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of First Trust NASDAQ-100-Technology Sector Index Fund in the first quarter valued at approximately $2,802,000.
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