First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) Trading 0.2% Higher – What’s Next?

First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) shares traded up 0.2% during mid-day trading on Wednesday . The stock traded as high as $46.73 and last traded at $46.32. 570,253 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 636,346 shares. The stock had previously closed at $46.24.

First Trust Value Line Dividend Index Fund Price Performance

The firm has a market cap of $9.26 billion, a PE ratio of 18.85 and a beta of 0.79. The company has a 50 day simple moving average of $45.22 and a 200-day simple moving average of $44.53.

Institutional Trading of First Trust Value Line Dividend Index Fund

Institutional investors have recently made changes to their positions in the stock. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of First Trust Value Line Dividend Index Fund during the first quarter valued at approximately $25,000. Park Square Financial Group LLC purchased a new stake in shares of First Trust Value Line Dividend Index Fund during the fourth quarter valued at approximately $31,000. Quaker Wealth Management LLC boosted its stake in shares of First Trust Value Line Dividend Index Fund by 200.5% during the second quarter. Quaker Wealth Management LLC now owns 827 shares of the company’s stock valued at $37,000 after purchasing an additional 1,650 shares during the period. WASHINGTON TRUST Co purchased a new stake in shares of First Trust Value Line Dividend Index Fund during the first quarter valued at approximately $40,000. Finally, SouthState Corp purchased a new stake in shares of First Trust Value Line Dividend Index Fund during the first quarter valued at approximately $44,000.

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.