Crumly & Associates Inc. has reduced its stake in the First Trust NASDAQ Technology Dividend Index Fund (TDIV), selling 35,046 shares valued at approximately $3.42 million in Q1 2026. This sale, coupled with stock price movements, led to a decline in the quarter-end value of their TDIV position by $3.73 million. Despite this reduction, TDIV still represents 2.05% of Crumly’s 13F assets under management.
The decision to trim their holdings may reflect a strategic response to TDIV’s strong performance, which has seen a 29.2% increase over the past year, outpacing the S&P 500. Notably, TDIV focuses on dividend-paying technology and telecom companies, appealing to income-focused investors. Its top holdings include major players like Texas Instruments and Microsoft, while maintaining a solid dividend yield of around 1.4%.
For market professionals, the takeaway is that while Crumly remains invested in TDIV, the sale indicates a potential reevaluation of positions amid strong ETF performance. This could signal a trend for other investors to consider when managing tech-focused dividend strategies.
Source: fool.com