First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sets New 1-Year High - Should You Buy?

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $67.90 and last traded at $67.90, with a volume of 10256 shares trading hands. The stock had previously closed at $67.05.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Down 0.4%

The stock has a market capitalization of $488.70 million, a price-to-earnings ratio of 9.49 and a beta of 0.96. The stock's 50 day moving average is $62.36 and its 200 day moving average is $58.50.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.1074 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.43 dividend on an annualized basis and a yield of 0.64%.

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

Large investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. boosted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 3.3% during the 4th quarter. Harbour Investments Inc. now owns 8,210 shares of the company's stock worth $444,000 after purchasing an additional 265 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 4th quarter worth about $12,589,000. PFG Advisors boosted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 290.7% during the 4th quarter. PFG Advisors now owns 20,794 shares of the company's stock worth $1,125,000 after purchasing an additional 15,472 shares during the last quarter. Atria Investments Inc boosted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 43.4% during the 4th quarter. Atria Investments Inc now owns 53,848 shares of the company's stock worth $2,912,000 after purchasing an additional 16,309 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 16.5% during the 4th quarter. Assetmark Inc. now owns 143,234 shares of the company's stock worth $7,746,000 after purchasing an additional 20,323 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.