First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) Shares Up 0.2%

Shares of First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) traded up 0.2% on Wednesday . The stock traded as high as $40.20 and last traded at $40.00. 1,292,096 shares were traded during mid-day trading, an increase of 11% from the average session volume of 1,162,430 shares. The stock had previously closed at $39.94.

First Trust Value Line Dividend Index Fund Trading Up 1.0 %

The business’s 50-day simple moving average is $41.13 and its 200 day simple moving average is $39.74. The firm has a market cap of $12.13 billion, a PE ratio of 19.16 and a beta of 0.79.

Institutional Investors Weigh In On First Trust Value Line Dividend Index Fund

A number of hedge funds have recently made changes to their positions in FVD. International Assets Investment Management LLC increased its position in First Trust Value Line Dividend Index Fund by 3,888.8% during the 4th quarter. International Assets Investment Management LLC now owns 3,497,986 shares of the company’s stock valued at $141,878,000 after buying an additional 3,410,291 shares in the last quarter. Mariner LLC boosted its stake in First Trust Value Line Dividend Index Fund by 2,117.6% in the 4th quarter. Mariner LLC now owns 821,003 shares of the company’s stock worth $32,766,000 after purchasing an additional 783,981 shares in the last quarter. Wells Fargo & Company MN grew its position in First Trust Value Line Dividend Index Fund by 6.3% during the 2nd quarter. Wells Fargo & Company MN now owns 9,779,972 shares of the company’s stock worth $392,079,000 after purchasing an additional 581,211 shares during the last quarter. Global Assets Advisory LLC raised its holdings in shares of First Trust Value Line Dividend Index Fund by 4,088.0% in the first quarter. Global Assets Advisory LLC now owns 566,218 shares of the company’s stock worth $23,911,000 after buying an additional 552,698 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of First Trust Value Line Dividend Index Fund by 518.5% during the second quarter. Goldman Sachs Group Inc. now owns 630,723 shares of the company’s stock worth $25,286,000 after buying an additional 528,745 shares during the period.

First Trust Value Line Dividend Index Fund Company Profile

First Trust Value Line Dividend Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Value Line Dividend Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.