28-Mar-2024
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First Trust Value Line Dividend Index Fund ETF declares $0.1887 dividend
Seeking Alpha News (Wed, 27-Mar 1:27 PM ET)
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 March 28, 2024, FVD stock price climbed to $42.23 with 1,065,420 million shares trading.
FVD has a beta of 0.73, meaning it tends to be less sensitive to market movements. FVD has a correlation of 0.62 to the broad based SPY ETF.
FVD has a market cap of $10.25 billion. This is considered a Large 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 price return of +10.6% while the SPY ETF gained +33.6%. FVD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.7% and +1.7%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
FVD support price is $41.78 and resistance is $42.24 (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.