First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Trading 0.3% Higher – Time to Buy?

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID)’s share price traded up 0.3% during trading on Friday . The company traded as high as $22.29 and last traded at $22.24. 9,578 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 29,161 shares. The stock had previously closed at $22.17.

First Trust S&P International Dividend Aristocrats ETF Stock Up 0.3%

The stock has a 50 day simple moving average of $21.88 and a 200 day simple moving average of $21.36. The stock has a market cap of $163.46 million, a price-to-earnings ratio of 13.94 and a beta of 0.57.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.0467 dividend. This represents a $0.19 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Investors Weigh In On First Trust S&P International Dividend Aristocrats ETF

Hedge funds have recently added to or reduced their stakes in the company. Triad Wealth Partners LLC acquired a new stake in First Trust S&P International Dividend Aristocrats ETF in the fourth quarter valued at approximately $482,000. Ameriflex Group Inc. purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the third quarter valued at approximately $474,000. Wagner Wealth Management LLC boosted its position in shares of First Trust S&P International Dividend Aristocrats ETF by 6.9% during the fourth quarter. Wagner Wealth Management LLC now owns 769,882 shares of the company’s stock valued at $15,821,000 after buying an additional 49,669 shares during the last quarter. PNC Financial Services Group Inc. purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the third quarter valued at approximately $61,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the first quarter valued at approximately $15,299,000.

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.