First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Plans $0.20 Quarterly Dividend

Key Points

• FYT declared a $0.2014 quarterly dividend, payable March 31 to shareholders of record on March 26 (ex-dividend date March 26), representing an annualized yield of about 1.3%.
• Shares traded at $61.97 (down $0.10) with a 12‑month range of $42.11–$64.60 and a market cap of $167.3M (P/E 10.9); several institutional investors including Blueprint, Kingsview, Tower Research and RBC materially increased their positions recently.

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT - Get Free Report) announced a quarterly dividend on Wednesday, March 25th. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.2014 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Small Cap Value AlphaDEX Fund Stock Performance

Shares of NASDAQ:FYT traded down $0.10 on Thursday, hitting $61.97. The company's stock had a trading volume of 16,780 shares, compared to its average volume of 16,662. First Trust Small Cap Value AlphaDEX Fund has a 12 month low of $42.11 and a 12 month high of $64.60. The company has a market capitalization of $167.32 million, a price-to-earnings ratio of 10.91 and a beta of 1.11. The stock's 50-day moving average is $62.08 and its two-hundred day moving average is $58.28.

Institutional Investors Weigh In On First Trust Small Cap Value AlphaDEX Fund

Institutional investors have recently bought and sold shares of the stock. Blueprint Financial Advisors LLC acquired a new position in shares of First Trust Small Cap Value AlphaDEX Fund in the 3rd quarter worth approximately $9,849,000. Blueprint Investment Partners LLC boosted its holdings in First Trust Small Cap Value AlphaDEX Fund by 44.4% during the third quarter. Blueprint Investment Partners LLC now owns 176,201 shares of the company's stock worth $9,849,000 after buying an additional 54,166 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in First Trust Small Cap Value AlphaDEX Fund by 38.8% during the fourth quarter. Kingsview Wealth Management LLC now owns 129,940 shares of the company's stock worth $7,366,000 after buying an additional 36,329 shares in the last quarter. Tower Research Capital LLC TRC grew its position in First Trust Small Cap Value AlphaDEX Fund by 2,433.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 33,623 shares of the company's stock worth $1,906,000 after buying an additional 32,296 shares during the last quarter. Finally, Royal Bank of Canada grew its position in First Trust Small Cap Value AlphaDEX Fund by 16.3% in the fourth quarter. Royal Bank of Canada now owns 106,559 shares of the company's stock worth $6,040,000 after buying an additional 14,973 shares during the last quarter.

About First Trust Small Cap Value AlphaDEX Fund

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.

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