Cambridge Investment Research Advisors Inc. Sells 2,157 Shares of First Trust DJ Gbl Sel Divd IdxFnd (FGD)

Cambridge Investment Research Advisors Inc. lowered its position in First Trust DJ Gbl Sel Divd IdxFnd (NYSEARCA:FGD) by 6.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,846 shares of the company’s stock after selling 2,157 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.16% of First Trust DJ Gbl Sel Divd IdxFnd worth $839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the company. Sterling Capital Management LLC increased its stake in shares of First Trust DJ Gbl Sel Divd IdxFnd by 3.3% in the fourth quarter. Sterling Capital Management LLC now owns 69,210 shares of the company’s stock valued at $1,823,000 after buying an additional 2,200 shares during the period. Bank of New York Mellon Corp increased its stake in shares of First Trust DJ Gbl Sel Divd IdxFnd by 6.8% in the fourth quarter. Bank of New York Mellon Corp now owns 37,836 shares of the company’s stock valued at $997,000 after buying an additional 2,410 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of First Trust DJ Gbl Sel Divd IdxFnd by 9.6% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 34,769 shares of the company’s stock valued at $898,000 after buying an additional 3,047 shares during the period. Baird Financial Group Inc. increased its stake in shares of First Trust DJ Gbl Sel Divd IdxFnd by 2.0% in the fourth quarter. Baird Financial Group Inc. now owns 169,484 shares of the company’s stock valued at $4,464,000 after buying an additional 3,344 shares during the period. Finally, WealthShield LLC acquired a new position in shares of First Trust DJ Gbl Sel Divd IdxFnd in the fourth quarter valued at approximately $100,000.

First Trust DJ Gbl Sel Divd IdxFnd stock opened at $25.61 on Monday. First Trust DJ Gbl Sel Divd IdxFnd has a 1 year low of $24.17 and a 1 year high of $28.07.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Friday, March 23rd were paid a $0.1042 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend was Thursday, March 22nd.

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First Trust DJ Gbl Sel Divd IdxFnd Profile

First Trust Dow Jones Global Select Dividend Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Global Select Dividend Index (the Index). The Index is an indicated annual dividend yield weighted index of 100 stocks selected from the developed market portion of the Dow Jones World Index, subject to certain buffers designed to limit turnover.

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