First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) Stock Short Interest Report for September

First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 75,258 shares, an increase of 85.0% from the September 15th total of 40,678 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 151,626 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On First Trust Dow Jones Global Select Dividend Index Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in shares of First Trust Dow Jones Global Select Dividend Index Fund by 68.3% in the first quarter. Bank of America Corp DE now owns 1,147,241 shares of the company’s stock valued at $36,631,000 after purchasing an additional 465,775 shares during the period. Park National Corp OH lifted its stake in First Trust Dow Jones Global Select Dividend Index Fund by 1.9% during the third quarter. Park National Corp OH now owns 594,621 shares of the company’s stock worth $19,724,000 after purchasing an additional 10,907 shares during the last quarter. Royal Bank of Canada grew its position in shares of First Trust Dow Jones Global Select Dividend Index Fund by 23.1% in the 1st quarter. Royal Bank of Canada now owns 499,243 shares of the company’s stock valued at $15,941,000 after buying an additional 93,718 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in First Trust Dow Jones Global Select Dividend Index Fund by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 465,842 shares of the company’s stock worth $14,902,000 after acquiring an additional 52,585 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its position in First Trust Dow Jones Global Select Dividend Index Fund by 2.6% in the third quarter. Focus Financial Network Inc. now owns 399,854 shares of the company’s stock valued at $13,263,000 after acquiring an additional 10,172 shares during the last quarter.

First Trust Dow Jones Global Select Dividend Index Fund Stock Up 0.2%

Shares of First Trust Dow Jones Global Select Dividend Index Fund stock traded up $0.05 on Friday, hitting $33.32. 146,632 shares of the company were exchanged, compared to its average volume of 221,428. The company has a 50-day moving average price of $34.64 and a 200 day moving average price of $33.77. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 9.79 and a beta of 0.65. First Trust Dow Jones Global Select Dividend Index Fund has a 1-year low of $28.64 and a 1-year high of $36.08.

First Trust Dow Jones Global Select Dividend Index Fund Company Profile

First Trust Dow Jones Global Select Dividend Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Global Select Dividend Index (the Index). The Index is an indicated annual dividend yield weighted index of 100 stocks selected from the developed market portion of the Dow Jones World Index, subject to certain buffers designed to limit turnover. The Index universe is defined as all component companies of the 24 developed-market country indexes in the Dow Jones Global Indexes family.