First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sets New 1-Year High – What’s Next?

Shares of First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $100.72 and last traded at $100.72, with a volume of 6683 shares. The stock had previously closed at $97.07.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

The firm has a fifty day simple moving average of $92.24 and a 200-day simple moving average of $87.03. The company has a market capitalization of $1.25 billion, a PE ratio of 9.95 and a beta of 0.85.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.3264 per share. The ex-dividend date was Thursday, March 26th. This represents a $1.31 annualized dividend and a yield of 1.3%.

Institutional Investors Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. IFG Advisory LLC increased its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 2.9% during the 3rd quarter. IFG Advisory LLC now owns 5,313 shares of the company’s stock worth $400,000 after purchasing an additional 152 shares during the last quarter. Richmond Investment Services LLC grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.6% in the 1st quarter. Richmond Investment Services LLC now owns 2,959 shares of the company’s stock worth $257,000 after acquiring an additional 157 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 50.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 529 shares of the company’s stock worth $42,000 after acquiring an additional 178 shares in the last quarter. HBW Advisory Services LLC grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 1.1% in the 1st quarter. HBW Advisory Services LLC now owns 17,002 shares of the company’s stock worth $1,478,000 after acquiring an additional 191 shares in the last quarter. Finally, MML Investors Services LLC grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 1.2% in the 2nd quarter. MML Investors Services LLC now owns 16,617 shares of the company’s stock worth $1,143,000 after acquiring an additional 196 shares in the last quarter.

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.