First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Increases Dividend to $0.27 Per Share

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Investors of record on Thursday, June 26th will be paid a dividend of 0.2671 per share on Monday, June 30th. This represents a $1.07 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Thursday, June 26th. This is a 4.3% increase from First Trust Mid Cap Core AlphaDEX Fund's previous quarterly dividend of $0.26.

First Trust Mid Cap Core AlphaDEX Fund Price Performance

Shares of FNX stock traded up $1.33 on Thursday, hitting $114.51. 8,589 shares of the company's stock were exchanged, compared to its average volume of 32,991. First Trust Mid Cap Core AlphaDEX Fund has a 12 month low of $93.19 and a 12 month high of $127.98. The stock has a market cap of $1.15 billion, a P/E ratio of 14.75 and a beta of 1.20. The company has a 50 day moving average of $109.68 and a 200 day moving average of $112.52.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

An institutional investor recently bought a new position in First Trust Mid Cap Core AlphaDEX Fund stock. Jane Street Group LLC bought a new position in First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 2,454 shares of the company's stock, valued at approximately $267,000.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.

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