FT Vest Technology Dividend Target Income ETF (BATS:TDVI) Shares Cross Below 200-Day Moving Average – What’s Next?
by Renee Jackson · The Cerbat GemFT Vest Technology Dividend Target Income ETF (BATS:TDVI – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $30.19 and traded as low as $29.25. FT Vest Technology Dividend Target Income ETF shares last traded at $29.27, with a volume of 299,464 shares trading hands.
FT Vest Technology Dividend Target Income ETF Trading Down 0.1%
The firm has a market cap of $628.88 million, a price-to-earnings ratio of 21.18 and a beta of 1.27. The company has a 50 day moving average of $31.09 and a 200 day moving average of $30.19.
Institutional Investors Weigh In On FT Vest Technology Dividend Target Income ETF
Hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC bought a new position in shares of FT Vest Technology Dividend Target Income ETF during the 3rd quarter valued at about $179,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of FT Vest Technology Dividend Target Income ETF in the 2nd quarter valued at approximately $207,000. Integrity Alliance LLC. bought a new stake in FT Vest Technology Dividend Target Income ETF during the 3rd quarter worth approximately $208,000. SteelPeak Wealth LLC increased its stake in FT Vest Technology Dividend Target Income ETF by 39.5% during the 3rd quarter. SteelPeak Wealth LLC now owns 8,835 shares of the company’s stock worth $272,000 after purchasing an additional 2,500 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in FT Vest Technology Dividend Target Income ETF by 2,176.9% during the 1st quarter. NewEdge Advisors LLC now owns 9,153 shares of the company’s stock worth $243,000 after purchasing an additional 8,751 shares in the last quarter.
About FT Vest Technology Dividend Target Income ETF
The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund that mostly invests in information technology equity. TVDI is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs. TDVI was launched on Aug 9, 2023 and is issued by First Trust.
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