First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) Hits New 12-Month High at $44.88

First Trust Value Line Dividend Index Fund (NYSEARCA:FVD) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $44.88 and last traded at $44.82, with a volume of 32932 shares changing hands. The stock had previously closed at $44.54.

First Trust Value Line Dividend Index Fund Stock Up 0.9 %

The company has a market cap of $10.54 billion, a PE ratio of 19.88 and a beta of 0.62. The firm’s fifty day simple moving average is $43.22 and its 200-day simple moving average is $41.97.

Institutional Trading of First Trust Value Line Dividend Index Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Livelsberger Financial Advisory purchased a new position in shares of First Trust Value Line Dividend Index Fund during the fourth quarter valued at approximately $25,000. Pineridge Advisors LLC purchased a new position in shares of First Trust Value Line Dividend Index Fund during the fourth quarter valued at approximately $34,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of First Trust Value Line Dividend Index Fund during the second quarter valued at approximately $34,000. Lynx Investment Advisory purchased a new position in shares of First Trust Value Line Dividend Index Fund during the second quarter valued at approximately $41,000. Finally, Register Financial Advisors LLC purchased a new position in shares of First Trust Value Line Dividend Index Fund during the first quarter valued at approximately $47,000.

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.