First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Announces Quarterly Dividend of $0.36

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) announced a quarterly dividend on Wednesday, March 25th. Investors of record on Thursday, March 26th will be given a dividend of 0.3622 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Thursday, March 26th.

First Trust Large Cap Value AlphaDEX Fund Trading Up 0.4%

First Trust Large Cap Value AlphaDEX Fund stock opened at $92.35 on Thursday. The stock has a 50-day moving average price of $92.20 and a 200 day moving average price of $87.15. First Trust Large Cap Value AlphaDEX Fund has a 52 week low of $66.01 and a 52 week high of $95.64. The stock has a market cap of $1.27 billion, a PE ratio of 13.54 and a beta of 0.91.

Institutional Investors Weigh In On First Trust Large Cap Value AlphaDEX Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new position in shares of First Trust Large Cap Value AlphaDEX Fund during the third quarter valued at approximately $25,000. Clear Investment Research LLC purchased a new stake in First Trust Large Cap Value AlphaDEX Fund in the 3rd quarter worth approximately $44,000. Smartleaf Asset Management LLC grew its stake in First Trust Large Cap Value AlphaDEX Fund by 282.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 562 shares of the company’s stock worth $49,000 after acquiring an additional 415 shares during the period. CX Institutional acquired a new position in First Trust Large Cap Value AlphaDEX Fund in the 3rd quarter valued at $48,000. Finally, Private Trust Co. NA raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 42.6% in the 3rd quarter. Private Trust Co. NA now owns 613 shares of the company’s stock valued at $51,000 after acquiring an additional 183 shares during the last quarter.

About First Trust Large Cap Value AlphaDEX Fund

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.