First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Shares Climb 0.4% – Still a Buy?

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID)’s stock price rose 0.4% during trading on Thursday. The stock traded as high as $22.42 and last traded at $22.38. Approximately 9,671 shares were traded during trading, a decline of 57% from the average session volume of 22,453 shares. The stock had previously closed at $22.28.

First Trust S&P International Dividend Aristocrats ETF Stock Up 0.4%

The firm has a market cap of $166.73 million, a PE ratio of 13.94 and a beta of 0.58. The stock’s fifty day simple moving average is $22.79 and its two-hundred day simple moving average is $22.22.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.1570 per share. The ex-dividend date was Thursday, September 24th. This is a negative change from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.3850. This represents a $0.63 annualized dividend and a dividend yield of 2.8%.

Institutional Trading of First Trust S&P International Dividend Aristocrats ETF

A number of hedge funds have recently made changes to their positions in the stock. Signal Advisors Wealth LLC boosted its holdings in First Trust S&P International Dividend Aristocrats ETF by 6.4% in the third quarter. Signal Advisors Wealth LLC now owns 92,252 shares of the company’s stock worth $2,057,000 after acquiring an additional 5,566 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the third quarter valued at $45,000. Integrated Wealth Concepts LLC bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the second quarter valued at $57,000. IFP Advisors Inc raised its position in shares of First Trust S&P International Dividend Aristocrats ETF by 35.9% in the 2nd quarter. IFP Advisors Inc now owns 4,266 shares of the company’s stock worth $92,000 after purchasing an additional 1,126 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the 2nd quarter worth about $389,000.

About First Trust S&P International Dividend Aristocrats ETF

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth. FID was launched on Aug 23, 2013 and is managed by First Trust.