First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) Shares Up 0.5% – Should You Buy?

First Trust Stoxx European Select Dividend Index Fund (NYSEARCA:FDD) traded up 0.5% during mid-day trading on Monday . The stock traded as high as $13.78 and last traded at $13.77. 143,415 shares were traded during trading, an increase of 88% from the average session volume of 76,436 shares. The stock had previously closed at $13.70.

First Trust Stoxx European Select Dividend Index Fund Stock Up 0.5 %

The business’s 50 day simple moving average is $12.58 and its 200 day simple moving average is $12.08. The stock has a market cap of $205.86 million, a price-to-earnings ratio of 10.30 and a beta of 0.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE lifted its position in First Trust Stoxx European Select Dividend Index Fund by 0.7% during the fourth quarter. Bank of America Corp DE now owns 130,271 shares of the company’s stock worth $1,466,000 after acquiring an additional 848 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 1.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 91,553 shares of the company’s stock worth $1,031,000 after purchasing an additional 962 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of First Trust Stoxx European Select Dividend Index Fund by 2.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 51,910 shares of the company’s stock worth $584,000 after purchasing an additional 1,017 shares during the period. Atria Investments Inc lifted its holdings in First Trust Stoxx European Select Dividend Index Fund by 11.8% during the 4th quarter. Atria Investments Inc now owns 11,667 shares of the company’s stock worth $131,000 after purchasing an additional 1,229 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in First Trust Stoxx European Select Dividend Index Fund by 12.6% in the 4th quarter. Cetera Investment Advisers now owns 14,896 shares of the company’s stock valued at $168,000 after purchasing an additional 1,672 shares during the period.

First Trust Stoxx European Select Dividend Index Fund Company Profile

First Trust DJ STOXX Select Dividend 30 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 STOXX Select Dividend 30 Index (the Index). The Index is a dividend weighted index of 30 stocks selected from the Dow Jones STOXX 600 Index, which includes high-dividend yielding companies across 18 European countries.