First Trust Value Line Dividend Index Fund (FVD)

FVD was created on 2006-12-18 by First Trust. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 8082.58m in AUM and 246 holdings. FVD tracks an equal-weighted index of dividend-paying companies. The index excludes companies with less than $1 billion in market cap, risky ranking and lower-than-average dividend yield.