First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Hits New 52-Week High at $116.07

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID)’s stock price reached a new 52-week high on Monday . The company traded as high as $116.07 and last traded at $116.01, with a volume of 10829 shares traded. The stock had previously closed at $114.94.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Performance

The stock’s fifty day moving average price is $112.58 and its 200-day moving average price is $103.71. The firm has a market cap of $1.05 billion, a PE ratio of 27.59 and a beta of 1.25.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.1018 dividend. 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 Investors Weigh In On First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Institutional investors have recently modified their holdings of the company. Advisors Preferred LLC acquired a new position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the third quarter worth $37,000. VisionPoint Advisory Group LLC purchased a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the fourth quarter valued at $54,000. Banque Cantonale Vaudoise raised its stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 62.5% during the 1st quarter. Banque Cantonale Vaudoise now owns 520 shares of the company’s stock worth $60,000 after buying an additional 200 shares during the last quarter. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 4th quarter worth about $55,000. Finally, Spire Wealth Management grew its stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 59.9% in the 3rd quarter. Spire Wealth Management now owns 603 shares of the company’s stock valued at $57,000 after acquiring an additional 226 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.