First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) Trading Up 1% – Here’s What Happened

First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) traded up 1% during trading on Friday . The stock traded as high as $45.32 and last traded at $45.32. 485,475 shares were traded during mid-day trading, a decline of 23% from the average session volume of 631,835 shares. The stock had previously closed at $44.86.

First Trust Value Line Dividend Index Fund Stock Up 1.0 %

The company has a market capitalization of $10.62 billion, a price-to-earnings ratio of 19.88 and a beta of 0.62. The stock’s 50-day simple moving average is $44.21 and its two-hundred day simple moving average is $44.78.

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

Large investors have recently bought and sold shares of the company. Kestra Investment Management LLC purchased a new stake in shares of First Trust Value Line Dividend Index Fund during the fourth quarter worth $25,000. MassMutual Private Wealth & Trust FSB purchased a new stake in First Trust Value Line Dividend Index Fund during the 4th quarter valued at about $28,000. Park Square Financial Group LLC purchased a new stake in First Trust Value Line Dividend Index Fund during the 4th quarter valued at about $31,000. Financial Life Planners acquired a new stake in First Trust Value Line Dividend Index Fund in the 4th quarter valued at about $35,000. Finally, Compass Financial Services Inc purchased a new position in First Trust Value Line Dividend Index Fund in the 4th quarter worth approximately $38,000.

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.