First Trust Mid Cap Core AlphaDEX Fund to Issue Quarterly Dividend of $0.27 (NASDAQ:FNX)

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be given a dividend of 0.266 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Mid Cap Core AlphaDEX Fund Stock Up 0.7%

Shares of NASDAQ:FNX opened at $144.05 on Thursday. The company has a market cap of $1.38 billion, a P/E ratio of 14.19 and a beta of 1.06. The business has a fifty day simple moving average of $139.32 and a 200-day simple moving average of $134.21. First Trust Mid Cap Core AlphaDEX Fund has a 52 week low of $113.18 and a 52 week high of $144.97.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 4.1% during the 1st quarter. NewEdge Advisors LLC now owns 11,156 shares of the company’s stock worth $1,431,000 after acquiring an additional 440 shares during the period. Western Wealth Management LLC grew its holdings in First Trust Mid Cap Core AlphaDEX Fund by 2.4% in the first quarter. Western Wealth Management LLC now owns 37,693 shares of the company’s stock valued at $4,834,000 after purchasing an additional 873 shares during the period. Bank of America Corp DE increased its position in First Trust Mid Cap Core AlphaDEX Fund by 57.0% during the first quarter. Bank of America Corp DE now owns 205,567 shares of the company’s stock worth $26,362,000 after purchasing an additional 74,594 shares during the last quarter. Royal Bank of Canada increased its position in First Trust Mid Cap Core AlphaDEX Fund by 4.8% during the first quarter. Royal Bank of Canada now owns 273,951 shares of the company’s stock worth $35,132,000 after purchasing an additional 12,540 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in First Trust Mid Cap Core AlphaDEX Fund by 1.2% during the first quarter. Cetera Investment Advisers now owns 198,133 shares of the company’s stock worth $25,409,000 after purchasing an additional 2,319 shares during the period.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.