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

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) shares saw strong trading volume on Wednesday . 202,683 shares were traded during 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 company has a market capitalization of $1.08 billion, a PE ratio of 29.38 and a beta of 1.15. The business has a fifty day moving average of $112.58 and a 200 day moving average of $103.71.

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

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

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

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