First Trust Multi Cap Growth AlphaDEX Fund (FAD) To Go Ex-Dividend on June 25th

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) announced a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be paid a dividend of 0.0711 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, June 25th. This is a 226.1% increase from First Trust Multi Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.02.

First Trust Multi Cap Growth AlphaDEX Fund Price Performance

Shares of FAD stock opened at $195.88 on Friday. The stock’s fifty day simple moving average is $184.23 and its 200 day simple moving average is $172.08. First Trust Multi Cap Growth AlphaDEX Fund has a one year low of $143.57 and a one year high of $197.47. The firm has a market cap of $509.29 million, a price-to-earnings ratio of 25.26 and a beta of 1.17.

Institutional Investors Weigh In On First Trust Multi Cap Growth AlphaDEX Fund

Several institutional investors and hedge funds have recently made changes to their positions in FAD. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Trust Multi Cap Growth AlphaDEX Fund during the 4th quarter worth about $37,000. Garton & Associates Financial Advisors LLC bought a new stake in First Trust Multi Cap Growth AlphaDEX Fund during the fourth quarter worth about $50,000. Cullen Frost Bankers Inc. bought a new position in shares of First Trust Multi Cap Growth AlphaDEX Fund in the fourth quarter valued at approximately $58,000. US Bancorp DE acquired a new position in shares of First Trust Multi Cap Growth AlphaDEX Fund in the 3rd quarter worth approximately $62,000. Finally, Advocate Investing Services LLC boosted its holdings in shares of First Trust Multi Cap Growth AlphaDEX Fund by 223.9% in the 1st quarter. Advocate Investing Services LLC now owns 434 shares of the company’s stock worth $69,000 after acquiring an additional 300 shares in the last quarter.

First Trust Multi Cap Growth AlphaDEX Fund Company Profile

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index. Standard & Poor’s constructs the Index by employing the AlphaDEX stock selection methodology to rank the stocks from the three component indices that comprise the S&P Composite 1500/Citigroup Growth Index, which are the S&P 500/Citigroup Growth Index, the S&P MidCap 400/Citigroup Growth Index and the S&P SmallCap 600/Citigroup Growth Index.