First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sees Large Volume Increase – Time to Buy?

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) shares saw unusually-high trading volume on Friday . Approximately 398,901 shares were traded during trading, an increase of 209% from the previous session’s volume of 129,107 shares.The stock last traded at $95.15 and had previously closed at $94.57.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Up 0.7%

The firm’s fifty day simple moving average is $93.44 and its 200-day simple moving average is $93.23. The company has a market cap of $1.35 billion, a PE ratio of 9.95 and a beta of 0.88.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.7816 per share. This is a boost from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.33. The ex-dividend date was Thursday, June 25th. This represents a $3.13 dividend on an annualized basis and a yield of 3.3%.

Institutional Trading of First Trust Developed Markets ex-US AlphaDEX Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Coppell Advisory Solutions LLC purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the 2nd quarter worth about $25,000. JPMorgan Chase & Co. boosted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 588 shares of the company’s stock worth $40,000 after purchasing an additional 458 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 50.7% during the fourth quarter. Cullen Frost Bankers Inc. now owns 529 shares of the company’s stock worth $42,000 after buying an additional 178 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 223.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 591 shares of the company’s stock worth $47,000 after buying an additional 408 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the second quarter valued at approximately $64,000.

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.