Envestnet Asset Management Inc. Buys 31,385 Shares of First Trust S&P International Dividend Aristocrats ETF $FID

Envestnet Asset Management Inc. boosted its stake in shares of First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) by 13.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 269,430 shares of the company’s stock after purchasing an additional 31,385 shares during the quarter. Envestnet Asset Management Inc.’s holdings in First Trust S&P International Dividend Aristocrats ETF were worth $5,178,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hobart Private Capital LLC grew its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 16.1% in the 2nd quarter. Hobart Private Capital LLC now owns 237,560 shares of the company’s stock worth $4,566,000 after purchasing an additional 32,936 shares during the last quarter. D.A. Davidson & CO. acquired a new position in First Trust S&P International Dividend Aristocrats ETF in the second quarter valued at about $4,526,000. Harbour Investments Inc. grew its stake in First Trust S&P International Dividend Aristocrats ETF by 7.9% during the second quarter. Harbour Investments Inc. now owns 7,207 shares of the company’s stock worth $139,000 after buying an additional 526 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in First Trust S&P International Dividend Aristocrats ETF by 19.2% during the second quarter. Concurrent Investment Advisors LLC now owns 39,440 shares of the company’s stock worth $758,000 after buying an additional 6,361 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the second quarter worth approximately $30,000.

First Trust S&P International Dividend Aristocrats ETF Trading Up 0.4%

NASDAQ:FID opened at $20.39 on Thursday. The stock has a market capitalization of $127.44 million, a P/E ratio of 13.94 and a beta of 0.65. First Trust S&P International Dividend Aristocrats ETF has a 1 year low of $15.75 and a 1 year high of $20.42. The firm has a 50 day moving average of $19.86 and a 200-day moving average of $19.40.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.1784 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.71 annualized dividend and a yield of 3.5%.

First Trust S&P International Dividend Aristocrats ETF Profile

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth.