First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) to Issue $0.24 Quarterly Dividend

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) announced a quarterly dividend on Wednesday, September 24th. Shareholders of record on Thursday, September 25th will be given a dividend of 0.2357 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, September 25th.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Down 1.2%

NASDAQ:GRID opened at $148.04 on Friday. The company has a fifty day moving average of $144.59 and a 200-day moving average of $131.61. The firm has a market capitalization of $3.06 billion, a P/E ratio of 23.47 and a beta of 1.25. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a twelve month low of $99.78 and a twelve month high of $151.81.

Institutional Trading of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Hedge funds have recently modified their holdings of the stock. Ameriflex Group Inc. bought a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter valued at $26,000. Hazlett Burt & Watson Inc. acquired a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 1st quarter valued at $33,000. Hilltop National Bank acquired a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 2nd quarter valued at $36,000. Crewe Advisors LLC grew its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 175.0% in the 2nd quarter. Crewe Advisors LLC now owns 275 shares of the company’s stock valued at $38,000 after purchasing an additional 175 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 1st quarter valued at $49,000.

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.