First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Trading 0.5% Higher – What’s Next?

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) shares shot up 0.5% during mid-day trading on Wednesday . The company traded as high as $57.24 and last traded at $57.24. 24,725 shares traded hands during trading, a decline of 8% from the average session volume of 26,763 shares. The stock had previously closed at $56.93.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 0.5 %

The firm has a market cap of $420.14 million, a PE ratio of 7.34 and a beta of 0.96. The business’s 50-day simple moving average is $56.73 and its 200 day simple moving average is $56.13.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.2465 per share. This represents a $0.99 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date was Thursday, September 26th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of FDT. Apollon Wealth Management LLC boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 5,384 shares of the company’s stock worth $310,000 after purchasing an additional 274 shares in the last quarter. Atria Investments Inc boosted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 6.7% in the third quarter. Atria Investments Inc now owns 37,539 shares of the company’s stock worth $2,165,000 after acquiring an additional 2,358 shares in the last quarter. Assetmark Inc. grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 12.4% during the third quarter. Assetmark Inc. now owns 122,911 shares of the company’s stock worth $7,088,000 after acquiring an additional 13,588 shares during the last quarter. TrueWealth Advisors LLC increased its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.5% during the third quarter. TrueWealth Advisors LLC now owns 4,042 shares of the company’s stock valued at $233,000 after acquiring an additional 212 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 32.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 23,945 shares of the company’s stock valued at $1,381,000 after purchasing an additional 5,821 shares during the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Company Profile

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.