First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Trading Up 0.9% – What’s Next?

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) traded up 0.9% on Monday . The stock traded as high as $86.03 and last traded at $86.03. 4,823 shares traded hands during trading, an increase of 36% from the average session volume of 3,556 shares. The stock had previously closed at $85.23.

First Trust RiverFront Dynamic Developed International ETF Trading Up 0.9%

The firm has a market cap of $152.27 million, a price-to-earnings ratio of 12.09 and a beta of 0.83. The firm has a 50-day moving average of $84.21 and a two-hundred day moving average of $82.71.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.3485 per share. This represents a $1.39 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Hedge Funds Weigh In On First Trust RiverFront Dynamic Developed International ETF

Several large investors have recently made changes to their positions in the business. LPL Financial LLC lifted its position in shares of First Trust RiverFront Dynamic Developed International ETF by 1.6% during the 4th quarter. LPL Financial LLC now owns 20,180 shares of the company’s stock worth $1,625,000 after purchasing an additional 317 shares during the last quarter. Cerity Partners LLC lifted its position in shares of First Trust RiverFront Dynamic Developed International ETF by 3.3% during the 4th quarter. Cerity Partners LLC now owns 19,893 shares of the company’s stock worth $1,602,000 after purchasing an additional 638 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of First Trust RiverFront Dynamic Developed International ETF by 137,100.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,372 shares of the company’s stock worth $110,000 after purchasing an additional 1,371 shares during the last quarter. Elevated Capital Advisors LLC acquired a new position in shares of First Trust RiverFront Dynamic Developed International ETF during the 4th quarter worth about $111,000. Finally, First Trust Advisors LP acquired a new position in shares of First Trust RiverFront Dynamic Developed International ETF during the 4th quarter worth about $205,000.

First Trust RiverFront Dynamic Developed International ETF Company Profile

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio. RFDI was launched on Apr 13, 2016 and is managed by First Trust.