First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 26th will be paid a dividend of 0.1914 per share on Monday, June 30th. This represents a $0.77 annualized dividend and a yield of 1.48%. The ex-dividend date is Thursday, June 26th. This is a 9.6% increase from First Trust Mid Cap Value AlphaDEX Fund's previous quarterly dividend of $0.17.
First Trust Mid Cap Value AlphaDEX Fund Stock Up 1.1%
Shares of NASDAQ FNK traded up $0.55 on Thursday, reaching $51.65. 4,454 shares of the company's stock traded hands, compared to its average volume of 13,837. The business's 50 day simple moving average is $49.66 and its two-hundred day simple moving average is $51.37. First Trust Mid Cap Value AlphaDEX Fund has a 12 month low of $42.68 and a 12 month high of $58.52. The company has a market cap of $201.44 million, a price-to-earnings ratio of 10.85 and a beta of 1.29.
Institutional Investors Weigh In On First Trust Mid Cap Value AlphaDEX Fund
An institutional investor recently bought a new position in First Trust Mid Cap Value AlphaDEX Fund stock. Jane Street Group LLC bought a new position in First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,201 shares of the company's stock, valued at approximately $464,000. Jane Street Group LLC owned approximately 0.24% of First Trust Mid Cap Value AlphaDEX Fund at the end of the most recent quarter.
About First Trust Mid Cap Value AlphaDEX Fund
(
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The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is managed by First Trust.
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