First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Reaches New 52-Week High - What's Next?

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The First Trust NASDAQ Technology Dividend Index Fund (TDIV) reached a new 52-week high of $108.55 on Friday. The fund has a market cap of $4.13 billion and recently paid a quarterly dividend of $0.3153 per share. Institutional investors have shown interest, with several hedge funds purchasing new positions in the stock.

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