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

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 24,200 shares, a decrease of 74.5% from the August 31st total of 95,000 shares. Based on an average daily volume of 105,000 shares, the days-to-cover ratio is presently 0.2 days.

First Trust NASDAQ Technology Dividend Index Fund Trading Up 0.3 %

Shares of NASDAQ:TDIV traded up $0.23 during trading on Wednesday, reaching $80.24. 11,012 shares of the company traded hands, compared to its average volume of 95,573. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 26.61 and a beta of 1.00. First Trust NASDAQ Technology Dividend Index Fund has a 52-week low of $53.85 and a 52-week high of $80.34. The business’s fifty day moving average is $76.04 and its 200-day moving average is $73.30.

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

A number of institutional investors have recently made changes to their positions in the stock. Cetera Advisors LLC raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 646.1% during the first quarter. Cetera Advisors LLC now owns 326,597 shares of the company’s stock valued at $22,754,000 after acquiring an additional 282,825 shares in the last quarter. Global Assets Advisory LLC bought a new position in shares of First Trust NASDAQ Technology Dividend Index Fund during the first quarter valued at approximately $18,678,000. Kestra Investment Management LLC bought a new position in shares of First Trust NASDAQ Technology Dividend Index Fund during the second quarter valued at approximately $13,816,000. NewEdge Advisors LLC raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 116.1% during the second quarter. NewEdge Advisors LLC now owns 218,355 shares of the company’s stock valued at $16,521,000 after acquiring an additional 117,324 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of First Trust NASDAQ Technology Dividend Index Fund by 31.5% during the first quarter. Cetera Investment Advisers now owns 438,300 shares of the company’s stock valued at $30,536,000 after acquiring an additional 104,896 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.