First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Trading Down 0.1% - Should You Sell?

Shares of First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report) fell 0.1% on Monday . The stock traded as low as $61.60 and last traded at $61.67. 37,066 shares traded hands during trading, a decline of 6% from the average session volume of 39,629 shares. The stock had previously closed at $61.74.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

The firm's 50-day moving average price is $58.94 and its two-hundred day moving average price is $56.90. The stock has a market cap of $452.14 million, a price-to-earnings ratio of 10.35 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.1074 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.43 annualized dividend and a dividend yield of 0.69%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. LPL Financial LLC boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 11.2% during the 1st quarter. LPL Financial LLC now owns 529,294 shares of the company's stock valued at $30,831,000 after acquiring an additional 53,268 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 0.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 468,220 shares of the company's stock valued at $25,321,000 after acquiring an additional 2,996 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 4th quarter valued at about $12,589,000. Cetera Investment Advisers boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 14.4% during the 1st quarter. Cetera Investment Advisers now owns 178,087 shares of the company's stock valued at $10,374,000 after acquiring an additional 22,471 shares during the last quarter. Finally, Assetmark Inc. boosted its position 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 valued at $7,746,000 after acquiring 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.