First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) Reaches New 1-Year High at $24.53

Shares of First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) hit a new 52-week high on Tuesday . The company traded as high as $24.53 and last traded at $24.52, with a volume of 2784 shares. The stock had previously closed at $24.38.

First Trust DJ Global Select Dividend Index Fund Price Performance

The company has a 50-day simple moving average of $23.49 and a 200-day simple moving average of $23.05. The stock has a market cap of $592.14 million, a PE ratio of 5.73 and a beta of 0.78.

Institutional Trading of First Trust DJ Global Select Dividend Index Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. AE Wealth Management LLC grew its holdings in First Trust DJ Global Select Dividend Index Fund by 5.5% in the second quarter. AE Wealth Management LLC now owns 863,706 shares of the company’s stock valued at $19,288,000 after purchasing an additional 44,915 shares during the last quarter. Park National Corp OH grew its stake in First Trust DJ Global Select Dividend Index Fund by 1.1% in the 2nd quarter. Park National Corp OH now owns 347,093 shares of the company’s stock valued at $7,751,000 after acquiring an additional 3,904 shares during the last quarter. Susquehanna International Group LLP increased its holdings in First Trust DJ Global Select Dividend Index Fund by 35.8% during the 2nd quarter. Susquehanna International Group LLP now owns 192,940 shares of the company’s stock valued at $4,309,000 after acquiring an additional 50,818 shares in the last quarter. Lynx Investment Advisory acquired a new position in First Trust DJ Global Select Dividend Index Fund during the second quarter worth about $3,641,000. Finally, Creekside Partners purchased a new stake in shares of First Trust DJ Global Select Dividend Index Fund in the second quarter valued at about $2,635,000.

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.