First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) Sets New 52-Week High – Here’s What Happened

First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $32.47 and last traded at $32.3950, with a volume of 360285 shares. The stock had previously closed at $32.08.

First Trust Dow Jones Global Select Dividend Index Fund Trading Up 0.7%

The stock has a market cap of $1.10 billion, a PE ratio of 9.79 and a beta of 0.76. The firm’s 50-day moving average price is $30.67 and its two-hundred day moving average price is $29.54.

Institutional Investors Weigh In On First Trust Dow Jones Global Select Dividend Index Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Turning Point Benefit Group Inc. acquired a new stake in shares of First Trust Dow Jones Global Select Dividend Index Fund in the 3rd quarter worth $54,000. TD Capital Management LLC acquired a new stake in shares of First Trust Dow Jones Global Select Dividend Index Fund in the third quarter worth $67,000. Raleigh Capital Management Inc. lifted its holdings in shares of First Trust Dow Jones Global Select Dividend Index Fund by 708.5% in the 4th quarter. Raleigh Capital Management Inc. now owns 3,032 shares of the company’s stock valued at $92,000 after buying an additional 2,657 shares during the period. CWM LLC lifted its holdings in First Trust Dow Jones Global Select Dividend Index Fund by 211.0% in the fourth quarter. CWM LLC now owns 3,284 shares of the company’s stock valued at $99,000 after acquiring an additional 2,228 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of First Trust Dow Jones Global Select Dividend Index Fund in the second quarter worth about $105,000.

First Trust Dow Jones Global Select Dividend Index Fund Company Profile

First Trust Dow Jones Global Select Dividend 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 Global Select Dividend Index (the Index). The Index is an indicated annual dividend yield weighted index of 100 stocks selected from the developed market portion of the Dow Jones World Index, subject to certain buffers designed to limit turnover. The Index universe is defined as all component companies of the 24 developed-market country indexes in the Dow Jones Global Indexes family.