First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Hits New 12-Month High - Time to Buy?

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The stock traded as high as $70.00 and last traded at $69.95, with a volume of 14598 shares traded. The stock had previously closed at $69.39.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

The company's fifty day moving average is $67.58 and its two-hundred day moving average is $61.26. The company has a market cap of $556.64 million, a price-to-earnings ratio of 9.95 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were issued a $0.976 dividend. This represents a $3.90 annualized dividend and a yield of 5.50%. The ex-dividend date was Thursday, June 26th. This is an increase from First Trust Developed Markets ex-US AlphaDEX Fund's previous quarterly dividend of $0.11.

Hedge Funds 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. Silver Oak Securities Incorporated increased its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 1.3% in the 2nd quarter. Silver Oak Securities Incorporated now owns 15,661 shares of the company's stock worth $1,077,000 after buying an additional 196 shares during the period. Arkadios Wealth Advisors grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 2.2% during the 1st quarter. Arkadios Wealth Advisors now owns 9,675 shares of the company's stock worth $564,000 after purchasing an additional 212 shares during the period. Comerica Bank grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 1.6% during the 1st quarter. Comerica Bank now owns 15,156 shares of the company's stock worth $883,000 after purchasing an additional 239 shares during the period. Snowden Capital Advisors LLC grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 0.7% during the 4th quarter. Snowden Capital Advisors LLC now owns 33,230 shares of the company's stock worth $1,797,000 after purchasing an additional 244 shares during the period. Finally, First Trust Advisors LP grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 1.9% during the 4th quarter. First Trust Advisors LP now owns 13,107 shares of the company's stock worth $709,000 after purchasing an additional 249 shares during the period.

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.