First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Shares Up 0.8% - Here's Why

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report)'s stock price was up 0.8% during trading on Wednesday . The stock traded as high as $69.67 and last traded at $69.50. Approximately 47,397 shares changed hands during trading, an increase of 19% from the average daily volume of 39,678 shares. The stock had previously closed at $68.98.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

The company has a market capitalization of $544.72 million, a PE ratio of 9.95 and a beta of 0.96. The business has a fifty day moving average price of $65.95 and a 200 day moving average price of $60.09.

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 is a positive change from First Trust Developed Markets ex-US AlphaDEX Fund's previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $3.90 annualized dividend and a yield of 5.62%.

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

Several institutional investors have recently bought and sold shares of the business. Benjamin Edwards Inc. lifted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 1.7% during the 4th quarter. Benjamin Edwards Inc. now owns 74,914 shares of the company's stock valued at $4,051,000 after acquiring an additional 1,249 shares in the last quarter. Coppell Advisory Solutions LLC boosted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 11.3% during the 4th quarter. Coppell Advisory Solutions LLC now owns 101,910 shares of the company's stock worth $5,514,000 after purchasing an additional 10,314 shares during the period. Concourse Financial Group Securities Inc. boosted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 3.7% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 8,329 shares of the company's stock worth $462,000 after purchasing an additional 294 shares during the period. LaSalle St. Investment Advisors LLC purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the 4th quarter worth $391,000. Finally, Envestnet Asset Management Inc. boosted its position in 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 worth $25,321,000 after purchasing an additional 2,996 shares during the period.

About First Trust Developed Markets ex-US AlphaDEX Fund

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.