First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Sees Strong Trading Volume

Shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) saw an uptick in trading volume on Wednesday . 202,683 shares were traded during mid-day trading, an increase of 260% from the previous session’s volume of 56,343 shares.The stock last traded at $117.50 and had previously closed at $116.84.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Trading Up 0.6 %

The firm has a 50-day moving average of $112.58 and a 200 day moving average of $103.71. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 29.38 and a beta of 1.15.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a dividend of $0.1018 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date was Thursday, March 21st.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Stegent Equity Advisors Inc. lifted its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 0.9% in the first quarter. Stegent Equity Advisors Inc. now owns 12,690 shares of the company’s stock worth $1,454,000 after purchasing an additional 113 shares during the period. Walkner Condon Financial Advisors LLC increased its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 3.1% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 3,957 shares of the company’s stock valued at $414,000 after buying an additional 119 shares in the last quarter. Eudaimonia Partners LLC boosted its stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 2.3% during the 1st quarter. Eudaimonia Partners LLC now owns 6,927 shares of the company’s stock worth $794,000 after acquiring an additional 155 shares in the last quarter. Outlook Wealth Advisors LLC lifted its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 3.8% during the first quarter. Outlook Wealth Advisors LLC now owns 4,338 shares of the company’s stock valued at $497,000 after purchasing an additional 160 shares during the last quarter. Finally, Atomi Financial Group Inc. increased its stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 4.6% in the 1st quarter. Atomi Financial Group Inc. now owns 4,235 shares of the company’s stock worth $485,000 after purchasing an additional 186 shares in the last quarter.

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.