First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sees Large Volume Increase – What’s Next?

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) shares saw strong trading volume on Friday . Approximately 398,901 shares were traded during trading, an increase of 209% from the previous session’s volume of 129,107 shares.The stock last traded at $95.15 and had previously closed at $94.57.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 0.6%

The business has a 50-day moving average of $93.48 and a two-hundred day moving average of $93.21. The firm has a market cap of $1.35 billion, a P/E ratio of 9.95 and a beta of 0.88.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.7816 per share. This represents a $3.13 annualized dividend and a dividend yield of 3.3%. This is an increase from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.33. The ex-dividend date was Thursday, June 25th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FDT. Morgan Stanley grew its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 3.4% during the 4th quarter. Morgan Stanley now owns 1,107,012 shares of the company’s stock worth $87,948,000 after acquiring an additional 36,023 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 12.3% during the fourth quarter. LPL Financial LLC now owns 844,377 shares of the company’s stock worth $67,083,000 after purchasing an additional 92,554 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 10.0% during the fourth quarter. Wells Fargo & Company MN now owns 418,051 shares of the company’s stock worth $33,213,000 after purchasing an additional 37,903 shares during the period. UBS Group AG grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 26.5% in the fourth quarter. UBS Group AG now owns 284,768 shares of the company’s stock worth $22,624,000 after purchasing an additional 59,574 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.4% in the first quarter. Cetera Investment Advisers now owns 283,400 shares of the company’s stock worth $24,636,000 after purchasing an additional 14,574 shares during the last quarter.

About First Trust Developed Markets ex-US AlphaDEX Fund

The First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US index. The fund tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers. FDT was launched on Apr 18, 2011 and is managed by First Trust.