First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Raises Dividend to $0.42 Per Share
First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Rating) declared a quarterly dividend on Thursday, December 22nd, Zacks reports. Shareholders of record on Tuesday, December 27th will be given a dividend of 0.418 per share on Friday, December 30th. This represents a $1.67 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend is Friday, December 23rd. This is a boost from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.27.
First Trust NASDAQ Technology Dividend Index Fund Price Performance
NASDAQ:TDIV opened at $47.61 on Friday. The stock has a 50-day moving average price of $48.39 and a two-hundred day moving average price of $49.61. First Trust NASDAQ Technology Dividend Index Fund has a 1 year low of $41.61 and a 1 year high of $64.24.
Hedge Funds Weigh In On First Trust NASDAQ Technology Dividend Index Fund
Large investors have recently bought and sold shares of the stock. Citigroup Inc. increased its holdings in First Trust NASDAQ Technology Dividend Index Fund by 40.0% in the 1st quarter. Citigroup Inc. now owns 882 shares of the company's stock worth $52,000 after acquiring an additional 252 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of First Trust NASDAQ Technology Dividend Index Fund during the third quarter worth about $227,000. Eudaimonia Partners LLC purchased a new position in shares of First Trust NASDAQ Technology Dividend Index Fund during the first quarter worth about $232,000. Renaissance Technologies LLC grew its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 20.0% during the first quarter. Renaissance Technologies LLC now owns 5,400 shares of the company's stock worth $318,000 after purchasing an additional 900 shares in the last quarter. Finally, Walleye Capital LLC purchased a new position in shares of First Trust NASDAQ Technology Dividend Index Fund during the first quarter worth about $388,000.
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