First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) to Issue Quarterly Dividend of $1.00 on December 31st

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) announced a quarterly dividend on Thursday, December 11th. Shareholders of record on Friday, December 12th will be given a dividend of 1.0012 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date is Friday, December 12th. This is a 353.2% increase from First Trust Asia Pacific ex-Japan AlphaDEX Fund’s previous quarterly dividend of $0.22.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Price Performance

NASDAQ:FPA opened at $37.35 on Friday. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 1 year low of $24.19 and a 1 year high of $40.14. The stock’s fifty day moving average price is $38.35 and its two-hundred day moving average price is $36.79. The company has a market cap of $22.41 million, a P/E ratio of 10.39 and a beta of 0.97.

Institutional Investors Weigh In On First Trust Asia Pacific ex-Japan AlphaDEX Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Susquehanna International Group LLP grew its stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% during the third quarter. Susquehanna International Group LLP now owns 46,170 shares of the company’s stock valued at $1,725,000 after acquiring an additional 4,915 shares in the last quarter. Rathbones Group PLC boosted its holdings in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 3.4% in the 3rd quarter. Rathbones Group PLC now owns 32,997 shares of the company’s stock valued at $1,233,000 after purchasing an additional 1,093 shares during the period. Waverton Investment Management Ltd grew its position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 7.1% during the 3rd quarter. Waverton Investment Management Ltd now owns 181,590 shares of the company’s stock valued at $6,782,000 after purchasing an additional 12,090 shares in the last quarter. Synergy Asset Management LLC increased its holdings in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 100.0% in the third quarter. Synergy Asset Management LLC now owns 79,762 shares of the company’s stock worth $2,850,000 after purchasing an additional 39,881 shares during the period. Finally, Osaic Holdings Inc. purchased a new position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter worth about $130,000.

About First Trust Asia Pacific ex-Japan AlphaDEX Fund

The First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA) is an exchange-traded fund that mostly invests in total market equity. The fund selects and weights 100 stocks from the S&P Asia Pacific Ex-Japan BMI Index based on their growth and value factors. FPA was launched on Apr 18, 2011 and is managed by First Trust.