First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Increases Dividend to $0.75 Per Share

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) declared a quarterly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.7453 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 379.6% increase from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.16.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Trading Down 0.9%

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund stock opened at $64.90 on Thursday. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 52 week low of $49.98 and a 52 week high of $72.63. The stock has a market cap of $12.98 million, a P/E ratio of 8.58 and a beta of 0.82. The stock has a 50 day moving average of $69.28 and a 200-day moving average of $65.85.

Hedge Funds Weigh In On First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

Large investors have recently modified their holdings of the stock. Crusonia Wealth Advisors LLC bought a new stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the fourth quarter valued at about $2,522,000. Osaic Holdings Inc. boosted its holdings in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock worth $160,000 after purchasing an additional 2,659 shares during the period. Finally, Citadel Advisors LLC increased its stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% during the third quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock valued at $969,000 after purchasing an additional 4,238 shares during the last quarter.

About First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology. FDTS was launched on Feb 15, 2012 and is managed by First Trust.