First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Hits New 12-Month High – Here’s What Happened

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT)’s stock price reached a new 52-week high on Monday . The company traded as high as $87.96 and last traded at $88.07, with a volume of 5444 shares. The stock had previously closed at $87.39.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Up 0.3%

The company’s 50-day moving average price is $80.20 and its 200-day moving average price is $76.14. The firm has a market cap of $914.86 million, a price-to-earnings ratio of 9.95 and a beta of 0.87.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $1.109 dividend. This represents a $4.44 annualized dividend and a yield of 5.1%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.41.

Hedge Funds Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in FDT. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the third quarter worth approximately $26,000. JPMorgan Chase & Co. lifted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 588 shares of the company’s stock valued at $40,000 after purchasing an additional 458 shares in the last quarter. Topsail Wealth Management LLC acquired a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter worth $54,000. Northwestern Mutual Wealth Management Co. acquired a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the 2nd quarter worth $64,000. Finally, Hilltop National Bank acquired a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the 2nd quarter worth $100,000.

First Trust Developed Markets ex-US AlphaDEX Fund Company Profile

The First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US index. The fund tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers. FDT was launched on Apr 18, 2011 and is managed by First Trust.