First Trust Developed Markets ex-US AlphaDEX Fund (FDT) to Distribute Quarterly Dividend of $0.53 on September 30th

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of $0.5323 per share on Wednesday, September 30th. This represents a $2.13 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, September 24th. This is a 31.9% decrease from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.7816.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 1.2%

Shares of NASDAQ FDT opened at $94.20 on Friday. First Trust Developed Markets ex-US AlphaDEX Fund has a twelve month low of $73.51 and a twelve month high of $101.32. The firm has a market cap of $1.35 billion, a P/E ratio of 9.95 and a beta of 0.89. The company has a 50 day moving average of $94.21 and a 200 day moving average of $93.83.

Institutional Trading of First Trust Developed Markets ex-US AlphaDEX Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Noble Wealth Management PBC bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the second quarter valued at approximately $76,000. Western Wealth Management LLC bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the first quarter valued at approximately $91,000. Topsail Wealth Management LLC increased its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 55.8% during the first quarter. Topsail Wealth Management LLC now owns 1,117 shares of the company’s stock valued at $97,000 after buying an additional 400 shares during the last quarter. Centaurus Financial Inc. increased its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 30.2% during the first quarter. Centaurus Financial Inc. now owns 1,943 shares of the company’s stock valued at $169,000 after buying an additional 451 shares during the last quarter. Finally, Parallel Advisors LLC bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund in the first quarter worth approximately $203,000.

About First Trust Developed Markets ex-US AlphaDEX Fund

The First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US index. The fund tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers. FDT was launched on Apr 18, 2011 and is managed by First Trust.