First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) to Issue Quarterly Dividend of $1.11

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 26th will be given a dividend of 1.1111 per share on Monday, June 30th. This represents a $4.44 annualized dividend and a dividend yield of 5.90%. The ex-dividend date is Thursday, June 26th. This is a 2,442.6% increase from First Trust Switzerland AlphaDEX Fund's previous quarterly dividend of $0.04.

First Trust Switzerland AlphaDEX Fund Trading Down 0.9%

Shares of FSZ stock traded down $0.71 during trading hours on Thursday, reaching $75.28. 123 shares of the stock were exchanged, compared to its average volume of 3,712. The firm has a market capitalization of $67.75 million, a price-to-earnings ratio of 20.76 and a beta of 0.86. First Trust Switzerland AlphaDEX Fund has a 12-month low of $61.24 and a 12-month high of $77.09. The company's 50-day moving average price is $73.81 and its 200-day moving average price is $68.77.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Trust Switzerland AlphaDEX Fund stock. Jane Street Group LLC increased its holdings in shares of First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ - Free Report) by 216.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 76,521 shares of the company's stock after acquiring an additional 52,346 shares during the period. Jane Street Group LLC owned about 8.50% of First Trust Switzerland AlphaDEX Fund worth $5,177,000 at the end of the most recent quarter.

First Trust Switzerland AlphaDEX Fund Company Profile

The First Trust Switzerland AlphaDEX Fund (FSZ) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Switzerland index. The fund tracks a tiered, equal-weighted index of 40 Swiss companies selected from the NASDAQ Switzerland Index. It aims to outperform the broader market using a quant-based methodology.

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