First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) announced a quarterly dividend on Wednesday, December 22nd, Zacks reports. Investors of record on Monday, December 27th will be given a dividend of 0.038 per share on Friday, December 31st. This represents a $0.15 dividend on an annualized basis and a yield of 0.15%. The ex-dividend date is Thursday, December 23rd.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock traded up $0.87 during mid-day trading on Friday, reaching $101.43. 47,679 shares of the stock traded hands, compared to its average volume of 57,991. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 12-month low of $79.46 and a 12-month high of $107.16. The business’s 50-day moving average is $101.86 and its 200-day moving average is $97.52.
Institutional investors and hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN increased its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 6.9% in the second quarter. Wells Fargo & Company MN now owns 2,317 shares of the company’s stock worth $215,000 after buying an additional 150 shares in the last quarter. Citadel Advisors LLC purchased a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the second quarter worth about $628,000. Finally, Morgan Stanley grew its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 44.6% during the second quarter. Morgan Stanley now owns 270,308 shares of the company’s stock worth $25,033,000 after purchasing an additional 83,422 shares in the last quarter.
This could be the most profitable event in crypto history. And it only happens once. If you miss it, there are no second chances.
Separately, Canaccord Genuity started coverage on First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in a research report on Thursday, September 9th. They issued a “buy” rating for the company.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Company Profile
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.
Further Reading: Understanding each part of a balance sheet
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund right now?
Before you consider First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund wasn’t on the list.
While First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Read More: First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID)