First Trust Large Cap Value AlphaDEX Fund (FTA) to Issue Quarterly Dividend of $0.36 on March 31st

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) declared a quarterly dividend on Wednesday, March 25th. Shareholders of record on Thursday, March 26th will be given a dividend of 0.3622 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Large Cap Value AlphaDEX Fund Stock Performance

Shares of FTA opened at $92.07 on Friday. The stock has a market capitalization of $1.26 billion, a PE ratio of 13.54 and a beta of 0.91. The company’s 50-day simple moving average is $92.26 and its 200-day simple moving average is $87.18. First Trust Large Cap Value AlphaDEX Fund has a 1 year low of $66.01 and a 1 year high of $95.64.

Hedge Funds Weigh In On First Trust Large Cap Value AlphaDEX Fund

Several institutional investors have recently modified their holdings of FTA. Jones Financial Companies Lllp increased its position in shares of First Trust Large Cap Value AlphaDEX Fund by 46.3% during the first quarter. Jones Financial Companies Lllp now owns 6,893 shares of the company’s stock worth $529,000 after acquiring an additional 2,180 shares during the period. Global Retirement Partners LLC acquired a new stake in First Trust Large Cap Value AlphaDEX Fund in the 2nd quarter valued at about $772,000. Baird Financial Group Inc. raised its position in First Trust Large Cap Value AlphaDEX Fund by 211.6% in the 2nd quarter. Baird Financial Group Inc. now owns 31,020 shares of the company’s stock valued at $2,439,000 after purchasing an additional 21,066 shares in the last quarter. Cresset Asset Management LLC purchased a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the 2nd quarter valued at about $208,000. Finally, NewEdge Advisors LLC boosted its stake in shares of First Trust Large Cap Value AlphaDEX Fund by 2.3% in the 2nd quarter. NewEdge Advisors LLC now owns 25,983 shares of the company’s stock valued at $2,043,000 after buying an additional 583 shares during the period.

About First Trust Large Cap Value AlphaDEX Fund

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.