First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) Announces Quarterly Dividend of $0.07

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 26th will be paid a dividend of 0.0688 per share on Monday, June 30th. This represents a $0.28 annualized dividend and a dividend yield of 0.19%. The ex-dividend date is Thursday, June 26th.

First Trust Multi Cap Growth AlphaDEX Fund Price Performance

Shares of NASDAQ:FAD traded up $1.57 during trading on Thursday, hitting $144.72. 9,028 shares of the company were exchanged, compared to its average volume of 6,899. The stock has a market capitalization of $274.96 million, a P/E ratio of 24.53 and a beta of 1.10. First Trust Multi Cap Growth AlphaDEX Fund has a 12-month low of $113.03 and a 12-month high of $150.37. The firm's 50 day moving average price is $136.41 and its 200-day moving average price is $136.92.

Institutional Trading of First Trust Multi Cap Growth AlphaDEX Fund

An institutional investor recently raised its position in First Trust Multi Cap Growth AlphaDEX Fund stock. Royal Bank of Canada boosted its holdings in First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD - Free Report) by 3.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,122 shares of the company's stock after purchasing an additional 945 shares during the quarter. Royal Bank of Canada owned about 1.32% of First Trust Multi Cap Growth AlphaDEX Fund worth $3,250,000 at the end of the most recent quarter.

First Trust Multi Cap Growth AlphaDEX Fund Company Profile

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor's, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.

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