First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD) Sets New 12-Month High – Here’s Why

First Trust DJ Global Select Dividend Index Fund (NYSEARCA:FGD)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $25.63 and last traded at $25.57, with a volume of 7166 shares trading hands. The stock had previously closed at $25.51.

First Trust DJ Global Select Dividend Index Fund Price Performance

The firm’s fifty day moving average price is $24.25 and its 200-day moving average price is $23.49. The firm has a market capitalization of $633.75 million, a P/E ratio of 9.15 and a beta of 0.75.

Institutional Trading of First Trust DJ Global Select Dividend Index Fund

Large investors have recently added to or reduced their stakes in the business. Global Trust Asset Management LLC purchased a new stake in First Trust DJ Global Select Dividend Index Fund in the 4th quarter worth approximately $77,000. ForthRight Wealth Management LLC grew its stake in First Trust DJ Global Select Dividend Index Fund by 1.7% in the 4th quarter. ForthRight Wealth Management LLC now owns 145,547 shares of the company’s stock valued at $3,237,000 after buying an additional 2,423 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in First Trust DJ Global Select Dividend Index Fund by 11.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 122,005 shares of the company’s stock valued at $2,713,000 after buying an additional 12,469 shares during the last quarter. Cottonwood Capital Advisors LLC grew its position in First Trust DJ Global Select Dividend Index Fund by 6.5% in the 4th quarter. Cottonwood Capital Advisors LLC now owns 33,294 shares of the company’s stock worth $740,000 after purchasing an additional 2,037 shares during the last quarter. Finally, B.O.S.S. Retirement Advisors LLC grew its position in First Trust DJ Global Select Dividend Index Fund by 462.0% in the 4th quarter. B.O.S.S. Retirement Advisors LLC now owns 109,409 shares of the company’s stock worth $2,433,000 after purchasing an additional 89,941 shares during the last quarter.

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.