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 significant 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 daily volume of 95,700 shares, the days-to-cover ratio is presently 0.9 days.

First Trust NASDAQ Technology Dividend Index Fund Trading Down 1.5 %

Shares of TDIV traded down $1.20 during trading hours on Friday, reaching $79.53. 24,336 shares of the company traded hands, compared to its average volume of 95,614. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 26.61 and a beta of 1.00. First Trust NASDAQ Technology Dividend Index Fund has a 12-month low of $61.77 and a 12-month high of $82.43. The stock’s fifty day moving average price is $80.08 and its 200 day moving average price is $78.12.

First Trust NASDAQ Technology Dividend Index Fund Dividend Announcement

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

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

A number of large investors have recently modified their holdings of TDIV. Kraft Davis & Associates LLC lifted its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 1.1% in the 3rd quarter. Kraft Davis & Associates LLC now owns 12,080 shares of the company’s stock worth $943,000 after buying an additional 132 shares during the period. TrueWealth Advisors LLC grew its holdings in First Trust NASDAQ Technology Dividend Index Fund by 2.2% during the 3rd quarter. TrueWealth Advisors LLC now owns 8,487 shares of the company’s stock worth $681,000 after acquiring an additional 181 shares in the last quarter. Arkadios Wealth Advisors increased its position in First Trust NASDAQ Technology Dividend Index Fund by 4.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 4,893 shares of the company’s stock valued at $370,000 after purchasing an additional 195 shares during the period. Pursue Wealth Partners LLC raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 0.3% in the 3rd quarter. Pursue Wealth Partners LLC now owns 75,285 shares of the company’s stock valued at $6,045,000 after purchasing an additional 201 shares in the last quarter. Finally, WealthBridge Capital Management LLC lifted its position in shares of First Trust NASDAQ Technology Dividend Index Fund by 3.9% in the 3rd quarter. WealthBridge Capital Management LLC now owns 5,368 shares of the company’s stock worth $431,000 after purchasing an additional 203 shares during the period.

About First Trust NASDAQ Technology Dividend Index Fund

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.