First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD – Get Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as $20.32 and last traded at $20.32, with a volume of 246487 shares trading hands. The stock had previously closed at $20.17.
First Trust STOXX European Select Dividend Index Fund Trading Up 0.7%
The firm’s 50 day simple moving average is $19.30 and its 200-day simple moving average is $18.78. The stock has a market capitalization of $900.18 million, a price-to-earnings ratio of 9.67 and a beta of 0.68.
Hedge Funds Weigh In On First Trust STOXX European Select Dividend Index Fund
Hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. raised its holdings in First Trust STOXX European Select Dividend Index Fund by 609.2% during the second quarter. Raymond James Financial Inc. now owns 1,491,557 shares of the company’s stock worth $23,179,000 after acquiring an additional 1,281,248 shares in the last quarter. Citadel Advisors LLC grew its stake in First Trust STOXX European Select Dividend Index Fund by 2,234.6% in the third quarter. Citadel Advisors LLC now owns 1,169,383 shares of the company’s stock valued at $18,886,000 after purchasing an additional 1,119,294 shares in the last quarter. Ameriprise Financial Inc. grew its stake in First Trust STOXX European Select Dividend Index Fund by 83.2% in the third quarter. Ameriprise Financial Inc. now owns 1,191,190 shares of the company’s stock valued at $19,238,000 after purchasing an additional 541,016 shares in the last quarter. Manchester Financial Inc. grew its stake in First Trust STOXX European Select Dividend Index Fund by 37.7% in the first quarter. Manchester Financial Inc. now owns 1,966,746 shares of the company’s stock valued at $35,028,000 after purchasing an additional 538,011 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of First Trust STOXX European Select Dividend Index Fund by 171.7% during the 3rd quarter. Bank of America Corp DE now owns 742,842 shares of the company’s stock worth $11,997,000 after purchasing an additional 469,480 shares during the last quarter.
About First Trust STOXX European Select Dividend Index Fund
First Trust DJ STOXX Select Dividend 30 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 STOXX Select Dividend 30 Index (the Index). The Index is a dividend weighted index of 30 stocks selected from the Dow Jones STOXX 600 Index, which includes high-dividend yielding companies across 18 European countries. The universe of stocks consists of dividend-paying companies in the Dow Jones STOXX 600 Index that have a positive five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less.
Recommended Stories
- Five stocks we like better than First Trust STOXX European Select Dividend Index Fund
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Receive News & Ratings for First Trust STOXX European Select Dividend Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust STOXX European Select Dividend Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.
