LPL Financial LLC Grows Stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)

LPL Financial LLC boosted its holdings in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) by 43.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,935 shares of the company’s stock after buying an additional 2,393 shares during the period. LPL Financial LLC owned 1.32% of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund worth $310,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC lifted its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 16.5% during the 3rd quarter. Jane Street Group LLC now owns 39,279 shares of the company’s stock worth $1,868,000 after purchasing an additional 5,556 shares during the last quarter.

NASDAQ GRID opened at $45.54 on Tuesday. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a twelve month low of $37.28 and a twelve month high of $53.05.

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 22nd were issued a $0.1059 dividend. This is a boost from First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, March 21st. This represents a $0.42 annualized dividend and a yield of 0.93%.

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About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.

See Also: What is Considered a Good Return on Equity (ROE)?

Institutional Ownership by Quarter for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID)

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