First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Stock Price Down 0.6% – Time to Sell?

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID)’s share price dropped 0.6% during trading on Tuesday . The company traded as low as $23.05 and last traded at $23.08. 7,132 shares changed hands during trading, a decline of 71% from the average daily volume of 24,205 shares. The stock had previously closed at $23.22.

First Trust S&P International Dividend Aristocrats ETF Stock Down 0.9%

The business has a fifty day moving average of $22.60 and a 200 day moving average of $22.01. The firm has a market cap of $169.90 million, a P/E ratio of 13.94 and a beta of 0.57.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.385 per share. This represents a $1.54 annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.05.

Institutional Trading of First Trust S&P International Dividend Aristocrats ETF

A number of institutional investors and hedge funds have recently modified their holdings of FID. Western Wealth Management LLC acquired a new position in First Trust S&P International Dividend Aristocrats ETF during the first quarter valued at approximately $30,000. Triumph Capital Management acquired a new stake in First Trust S&P International Dividend Aristocrats ETF in the third quarter worth $30,000. Integrated Wealth Concepts LLC acquired a new stake in First Trust S&P International Dividend Aristocrats ETF in the second quarter worth $57,000. Darwin Wealth Management LLC bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the second quarter worth $62,000. Finally, Rockefeller Capital Management L.P. boosted its position in shares of First Trust S&P International Dividend Aristocrats ETF by 47.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,307 shares of the company’s stock worth $89,000 after purchasing an additional 1,383 shares in the last quarter.

About First Trust S&P International Dividend Aristocrats ETF

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth. FID was launched on Aug 23, 2013 and is managed by First Trust.