First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 11,935 shares, a drop of 91.4% from the September 30th total of 138,966 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 168,446 shares, the days-to-cover ratio is presently 0.1 days.
First Trust STOXX European Select Dividend Index Fund Trading Down 0.2%
Shares of NYSEARCA FDD traded down $0.03 during mid-day trading on Tuesday, reaching $19.14. The company had a trading volume of 37,577 shares, compared to its average volume of 210,911. The stock has a market cap of $886.14 million, a P/E ratio of 9.67 and a beta of 0.68. First Trust STOXX European Select Dividend Index Fund has a 52-week low of $15.81 and a 52-week high of $20.80. The firm has a 50 day simple moving average of $19.80 and a two-hundred day simple moving average of $19.06.
Institutional Investors Weigh In On First Trust STOXX European Select Dividend Index Fund
Several institutional investors have recently made changes to their positions in FDD. Manchester Financial Inc. increased its stake in shares of First Trust STOXX European Select Dividend Index Fund by 37.7% during the 1st quarter. Manchester Financial Inc. now owns 1,966,746 shares of the company’s stock worth $35,028,000 after purchasing an additional 538,011 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of First Trust STOXX European Select Dividend Index Fund by 52.3% during the 1st quarter. Bank of America Corp DE now owns 669,210 shares of the company’s stock worth $11,919,000 after purchasing an additional 229,723 shares during the period. Envestnet Asset Management Inc. increased its stake in First Trust STOXX European Select Dividend Index Fund by 5.1% in the second quarter. Envestnet Asset Management Inc. now owns 390,954 shares of the company’s stock valued at $7,252,000 after purchasing an additional 18,831 shares during the last quarter. Flagship Harbor Advisors LLC lifted its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 9.5% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 234,381 shares of the company’s stock worth $4,505,000 after acquiring an additional 20,298 shares during the period. Finally, Foresight Capital Management Advisors Inc. raised its stake in First Trust STOXX European Select Dividend Index Fund by 0.5% during the second quarter. Foresight Capital Management Advisors Inc. now owns 215,059 shares of the company’s stock worth $3,989,000 after purchasing an additional 990 shares during the period.
First Trust STOXX European Select Dividend Index Fund Company Profile
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.
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