Today were published First Trust Value Line Dividend Indx Fnd (NYSEARCA:FVD)‘s daily net flows. The ETF registered $289.97M asset inflows for 10.95% increase, reaching $2937.71M after yestarday’s trading session. The chart of First Trust Value Line Dividend Indx Fnd shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock decreased 0.25% or $0.07 on November 23, hitting $27.41. First Trust Value Line Dividend Indx Fnd (NYSEARCA:FVD) has risen 6.16% since April 22, 2016 and is uptrending. It has outperformed by 0.75% the S&P500.
The ETF’s YTD performance is 13.04%, the 1 year is 12.03% and the 3 year is 10.85%.
The ETF’s average P/E ratio is 18.85, the price to book is 2.49, the price to sales is 1.67 and the price to cashflow is 9.7. First Trust Value Line Dividend Indx Fnd is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: The Hershey Company Common Stoc for 0.54% of assets, Waste Management Inc. Common S for 0.53%, Mercury General Corporation Com for 0.53%, MDU Resources Group Inc. Commo for 0.53%, Lockheed Martin Corporation Com for 0.53%, Everest Re Group Ltd. Common S for 0.53%, El Paso Electric Company Common for 0.53%, Portland General Electric Co Co for 0.52%, South Jersey Industries Inc. C for 0.52%, American States Water Company C for 0.52%. The ETF sector weights are: Basic Materials 2.50%, Consumer Cyclical 6.48%, Financial Services 17.64%, Realestate 2.46%, Consumer Defensive 13.12%, Healthcare 8.24%, Utilities 21.66%, Communication Services 2.01%, Energy 3.46%, Industrials 13.99%, Technology 8.43%. The ETF currently as 0% yield.
More notable recent First Trust Value Line Dividend Indx Fnd (NYSEARCA:FVD) news were published by: Nasdaq.com which released: “First Trust Value Line Dividend Index Fund Experiences Big Outflow” on February 05, 2015, also Seekingalpha.com with their article: “First Trust Value Line Dividend ETF Plays It Safe” published on October 28, 2014, Seekingalpha.com published: “High Quality, High Fees” on March 17, 2014. More interesting news about First Trust Value Line Dividend Indx Fnd (NYSEARCA:FVD) were released by: Etftrends.com and their article: “Dividend Investors Should Look for ETFs with Steady Yields” published on June 01, 2015 as well as Zacks.com‘s news article titled: “7 Top Market-Beating Dividend ETFs to Buy Now” with publication date: June 10, 2016.
FVD Company Profile
First Trust Value Line Dividend Indx Fnd, formerly First Trust Value Line Dividend Fund, is a diversified closed-end management investment company. The investment objective of the Fund is to provide total return through a combination of current income and capital appreciation. The Fund is usually comprised of 165-175 equity holdings. It held 171 issues as of May 31, 2005. First Trust Advisors L.P. (First Trust) is the Fund’s investment advisor. PFPC Inc. (PFPC), an indirect, majority-owned subsidiary of The PNC Financial Services Group Inc., serves as the Fund’s administrator and transfer agent. PFPC Trust Company, an indirect, majority-owned subsidiary of The PNC Financial Services Group Inc., serves as the Fund’s custodian.
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