The First Trust Value Line Dividend Index Fund (FVD) experienced a notable outflow of approximately $99.5 million, marking a 1.2% decrease in shares outstanding from 182,040,884 to 179,940,884 in the past week. This change was reported on [insert date] and highlights evolving investor sentiment towards the fund.
As of the last trade, FVD’s share price stood at $47.57, close to its 52-week high of $47.58. The fund has a 52-week low of $40.07 per share, indicating a significant range of price performance throughout the year. Among its major holdings, Lowe’s Companies Inc. (LOW) saw an increase of about 0.9%, while Sonoco Products Co. (SON) rose by 0.1%, and MSA Safety Inc. (MSA) was up by about 1.3%.
