First Trust Dynamic Europe Eqty Incm Fd (FDEU) Reaches New 1-Year Low at $13.31

First Trust Dynamic Europe Eqty Incm Fd (NYSE:FDEU) hit a new 52-week low on Thursday . The stock traded as low as $13.31 and last traded at $13.38, with a volume of 4614 shares. The stock had previously closed at $13.80.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 17th. Stockholders of record on Tuesday, December 4th will be issued a $0.121 dividend. The ex-dividend date of this dividend is Monday, December 3rd. This represents a $1.45 dividend on an annualized basis and a dividend yield of 10.81%.

In other First Trust Dynamic Europe Eqty Incm Fd news, insider James A. Bowen acquired 30,000 shares of the company’s stock in a transaction dated Thursday, October 11th. The shares were acquired at an average price of $14.40 per share, for a total transaction of $432,000.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Daniel J. Lindquist acquired 2,000 shares of the company’s stock in a transaction dated Tuesday, November 27th. The stock was acquired at an average price of $13.92 per share, for a total transaction of $27,840.00. The disclosure for this purchase can be found here. In the last quarter, insiders bought 36,650 shares of company stock worth $531,524.

A number of large investors have recently added to or reduced their stakes in FDEU. Wells Fargo & Company MN grew its stake in First Trust Dynamic Europe Eqty Incm Fd by 49.4% during the 3rd quarter. Wells Fargo & Company MN now owns 664,005 shares of the company’s stock worth $10,478,000 after buying an additional 219,417 shares during the last quarter. Morgan Stanley grew its stake in First Trust Dynamic Europe Eqty Incm Fd by 7.1% during the 3rd quarter. Morgan Stanley now owns 1,612,615 shares of the company’s stock worth $25,447,000 after buying an additional 106,451 shares during the last quarter. Citadel Advisors LLC purchased a new position in First Trust Dynamic Europe Eqty Incm Fd during the 3rd quarter worth approximately $394,000. Finally, Steward Partners Investment Advisory LLC grew its stake in First Trust Dynamic Europe Eqty Incm Fd by 1,175.0% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 7,650 shares of the company’s stock worth $121,000 after buying an additional 7,050 shares during the last quarter.

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About First Trust Dynamic Europe Eqty Incm Fd (NYSE:FDEU)

First Trust Dynamic Europe Equity Income Fund is a close ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Henderson Global Investors (North America) Inc and Henderson Investment Management Limited. It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.

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