First Trust Germany AlphaDEX Fund (NASDAQ:FGM) to Issue $0.04 Quarterly Dividend

First Trust Germany AlphaDEX Fund (NASDAQ:FGM) announced a quarterly dividend on Thursday, December 11th. Shareholders of record on Friday, December 12th will be paid a dividend of 0.0392 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, December 12th.

First Trust Germany AlphaDEX Fund Trading Up 1.2%

FGM opened at $61.77 on Friday. First Trust Germany AlphaDEX Fund has a 1-year low of $35.98 and a 1-year high of $61.90. The company has a market cap of $77.21 million, a price-to-earnings ratio of 13.97 and a beta of 0.99. The company’s fifty day moving average price is $58.64 and its two-hundred day moving average price is $57.25.

Hedge Funds Weigh In On First Trust Germany AlphaDEX Fund

Several large investors have recently added to or reduced their stakes in the business. First Trust Advisors LP acquired a new position in First Trust Germany AlphaDEX Fund during the 2nd quarter valued at about $26,972,000. Arlington Capital Management Inc. purchased a new stake in shares of First Trust Germany AlphaDEX Fund in the third quarter worth approximately $3,043,000. Jane Street Group LLC boosted its position in shares of First Trust Germany AlphaDEX Fund by 238.1% during the first quarter. Jane Street Group LLC now owns 52,451 shares of the company’s stock valued at $2,408,000 after buying an additional 36,938 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in First Trust Germany AlphaDEX Fund during the first quarter worth $754,000. Finally, Raymond James Financial Inc. purchased a new stake in First Trust Germany AlphaDEX Fund in the 2nd quarter valued at $626,000.

First Trust Germany AlphaDEX Fund Company Profile

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.