First Trust RiverFront Dynamic Developed International ETF to Issue Quarterly Dividend of $0.35 (NASDAQ:RFDI)

First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.3485 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust RiverFront Dynamic Developed International ETF Stock Down 2.3%

RFDI traded down $1.90 during trading hours on Thursday, reaching $80.08. 2,466 shares of the company’s stock traded hands, compared to its average volume of 3,936. The firm has a 50-day moving average price of $84.86 and a 200 day moving average price of $80.66. First Trust RiverFront Dynamic Developed International ETF has a 52-week low of $58.54 and a 52-week high of $89.25. The firm has a market capitalization of $137.74 million, a PE ratio of 12.09 and a beta of 0.88.

Institutional Trading of First Trust RiverFront Dynamic Developed International ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Per Stirling Capital Management LLC. boosted its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 3.9% during the second quarter. Per Stirling Capital Management LLC. now owns 205,166 shares of the company’s stock valued at $14,961,000 after purchasing an additional 7,633 shares during the period. Prospera Financial Services Inc lifted its holdings in First Trust RiverFront Dynamic Developed International ETF by 4.3% during the 4th quarter. Prospera Financial Services Inc now owns 142,973 shares of the company’s stock valued at $11,510,000 after buying an additional 5,846 shares in the last quarter. Cetera Investment Advisers lifted its holdings in First Trust RiverFront Dynamic Developed International ETF by 20.0% during the 4th quarter. Cetera Investment Advisers now owns 138,746 shares of the company’s stock valued at $11,170,000 after buying an additional 23,133 shares in the last quarter. Royal Bank of Canada boosted its position in First Trust RiverFront Dynamic Developed International ETF by 16.2% in the 4th quarter. Royal Bank of Canada now owns 41,994 shares of the company’s stock valued at $3,381,000 after buying an additional 5,845 shares during the period. Finally, Jane Street Group LLC bought a new position in First Trust RiverFront Dynamic Developed International ETF in the 2nd quarter worth about $2,592,000.

About First Trust RiverFront Dynamic Developed International ETF

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio. RFDI was launched on Apr 13, 2016 and is managed by First Trust.