First Trust Multi Cap Value AlphaDEX Fund Declares Quarterly Dividend of $0.35 (NASDAQ:FAB)

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) declared a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.3468 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Thursday, June 25th.

First Trust Multi Cap Value AlphaDEX Fund Stock Up 1.1%

Shares of FAB opened at $101.24 on Thursday. The business’s fifty day moving average is $98.53 and its 200 day moving average is $95.48. First Trust Multi Cap Value AlphaDEX Fund has a 12-month low of $80.45 and a 12-month high of $102.08. The stock has a market cap of $141.74 million, a P/E ratio of 11.94 and a beta of 0.88.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FAB. Jones Financial Companies Lllp increased its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 206.2% during the first quarter. Jones Financial Companies Lllp now owns 7,848 shares of the company’s stock worth $624,000 after acquiring an additional 5,285 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust Multi Cap Value AlphaDEX Fund by 29.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,394 shares of the company’s stock valued at $113,000 after purchasing an additional 320 shares during the last quarter. Raymond James Financial Inc. boosted its stake in First Trust Multi Cap Value AlphaDEX Fund by 3.4% during the 2nd quarter. Raymond James Financial Inc. now owns 61,711 shares of the company’s stock valued at $5,015,000 after purchasing an additional 2,053 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in First Trust Multi Cap Value AlphaDEX Fund by 155.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $51,000 after purchasing an additional 382 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in First Trust Multi Cap Value AlphaDEX Fund by 6.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,441 shares of the company’s stock worth $475,000 after purchasing an additional 309 shares in the last quarter.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.