FVD Stock Summary and Trading Ideas (First Trust Value Line Dividend | ARCA:FVD)

The First Trust Value Line Dividend Index Fund is an exchange-traded index fund. The objective of the fund is to seek investment results that correspond generally to the price and yield before fees and expenses of the Value Line Dividend Index.

First Trust Value Line Dividend trades on the ARCA stock market under the symbol FVD.

As of April 19, 2024, FVD stock price climbed to $40.53 with 1,261,107 million shares trading.

FVD has a beta of 0.66, meaning it tends to be less sensitive to market movements. FVD has a correlation of 0.53 to the broad based SPY ETF.

FVD has a market cap of $9.57 billion. This is considered a Mid Cap stock.

In the last 3 years, FVD stock traded as high as $43.43 and as low as $34.97.

FVD has underperformed the market in the last year with a return of +2.0%, while the SPY ETF gained +21.2%. In the last 3 month period, FVD fell short of the market, returning +1.2%, while SPY returned +3.0%. However, in the most recent 2 weeks FVD has outperformed the stock market by returning -2.0%, while SPY returned -4.5%.

FVD support price is $39.85 and resistance is $40.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FVD stock will trade within this expected range on the day.