First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Trading 0.3% Higher – Here’s Why

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) shares shot up 0.3% on Monday . The company traded as high as $11.59 and last traded at $11.52. 128,036 shares traded hands during trading, an increase of 49% from the average session volume of 86,103 shares. The stock had previously closed at $11.49.

First Trust Stoxx European Select Dividend Index Fund Stock Up 0.3 %

The firm has a market capitalization of $152.64 million, a price-to-earnings ratio of 6.33 and a beta of 0.76. The company’s fifty day moving average is $11.45 and its two-hundred day moving average is $11.90.

Institutional Investors Weigh In On First Trust Stoxx European Select Dividend Index Fund

A number of institutional investors have recently made changes to their positions in the stock. Benjamin Edwards Inc. boosted its holdings in First Trust Stoxx European Select Dividend Index Fund by 707.0% during the third quarter. Benjamin Edwards Inc. now owns 22,103 shares of the company’s stock worth $275,000 after buying an additional 19,364 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in First Trust Stoxx European Select Dividend Index Fund by 3.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 50,893 shares of the company’s stock worth $634,000 after purchasing an additional 1,773 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in First Trust Stoxx European Select Dividend Index Fund during the 3rd quarter worth approximately $28,000. Intellectus Partners LLC raised its holdings in First Trust Stoxx European Select Dividend Index Fund by 4.9% during the 3rd quarter. Intellectus Partners LLC now owns 533,283 shares of the company’s stock worth $6,645,000 after buying an additional 24,872 shares during the period. Finally, Harbour Investments Inc. lifted its stake in First Trust Stoxx European Select Dividend Index Fund by 1.3% in the third quarter. Harbour Investments Inc. now owns 158,443 shares of the company’s stock valued at $1,974,000 after buying an additional 2,081 shares in the last quarter.

About First Trust Stoxx European Select Dividend Index Fund

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.