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Market Impact: 0.22
First Trust NASDAQ Technology Dividend Index Fund Experiences Big Outflow
Source: Nasdaq
Market Technicals & FlowsTechnology & Innovation
First Trust NASDAQ Technology Dividend Index Fund (TDIV) recorded an approximately $468.5 million week-over-week outflow, equivalent to a 9.6% reduction in shares outstanding. The sizable ETF redemption signals near-term investor withdrawals from this technology-dividend fund, though the article provides no broader market catalyst or performance context.
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