First Trust Germany AlphaDEX Fund (NASDAQ:FGM) Declares Quarterly Dividend of $0.84

First Trust Germany AlphaDEX Fund (NASDAQ:FGMGet Free Report) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be paid a dividend of 0.8422 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Thursday, June 25th.

First Trust Germany AlphaDEX Fund Stock Down 0.5%

Shares of FGM stock opened at $63.44 on Thursday. The stock has a fifty day moving average of $64.96 and a 200 day moving average of $64.38. First Trust Germany AlphaDEX Fund has a 52 week low of $52.93 and a 52 week high of $71.12. The firm has a market capitalization of $114.18 million, a price-to-earnings ratio of 13.97 and a beta of 0.94.

Institutional Investors Weigh In On First Trust Germany AlphaDEX Fund

Several institutional investors and hedge funds have recently modified their holdings of FGM. Advisory Services Network LLC purchased a new position in shares of First Trust Germany AlphaDEX Fund during the third quarter valued at about $57,000. Transamerica Financial Advisors LLC boosted its position in First Trust Germany AlphaDEX Fund by 38,572.7% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 4,254 shares of the company’s stock valued at $240,000 after acquiring an additional 4,243 shares in the last quarter. Cetera Investment Advisers bought a new stake in First Trust Germany AlphaDEX Fund during the 1st quarter valued at approximately $280,000. StoneX Group Inc. grew its holdings in shares of First Trust Germany AlphaDEX Fund by 10.5% during the 4th quarter. StoneX Group Inc. now owns 4,895 shares of the company’s stock worth $305,000 after acquiring an additional 465 shares during the period. Finally, Osaic Holdings Inc. purchased a new position in shares of First Trust Germany AlphaDEX Fund during the 2nd quarter worth approximately $332,000.

First Trust Germany AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Germany AlphaDEX Fund (FGM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Germany index. The fund tracks a tiered equal-weighted index of 40 companies selected from the S&P Germany BMI based on the S&P’s AlphaDex selection methodology. FGM was launched on Feb 14, 2012 and is managed by First Trust.

Further Reading

Dividend History for First Trust Germany AlphaDEX Fund (NASDAQ:FGM)

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