First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) Sets New 1-Year High at $22.92

First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $22.92 and last traded at $22.77, with a volume of 10048 shares traded. The stock had previously closed at $22.70.

First Trust DJ Global Select Dividend Index Fund Trading Up 0.5 %

The business has a 50-day moving average price of $22.40 and a 200-day moving average price of $21.82. The firm has a market cap of $549.96 million, a P/E ratio of 5.48 and a beta of 0.77.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FinTrust Capital Advisors LLC acquired a new stake in shares of First Trust DJ Global Select Dividend Index Fund during the third quarter valued at about $26,000. BluePath Capital Management LLC purchased a new position in shares of First Trust DJ Global Select Dividend Index Fund during the third quarter worth $44,000. Pineridge Advisors LLC acquired a new stake in shares of First Trust DJ Global Select Dividend Index Fund in the fourth quarter valued at $100,000. Citigroup Inc. raised its holdings in shares of First Trust DJ Global Select Dividend Index Fund by 600.0% in the 3rd quarter. Citigroup Inc. now owns 4,900 shares of the company’s stock valued at $101,000 after buying an additional 4,200 shares during the period. Finally, TFG Advisers LLC acquired a new position in First Trust DJ Global Select Dividend Index Fund during the 4th quarter worth about $206,000.

First Trust DJ 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.