Prospera Financial Services Inc Grows Stock Holdings in First Trust RiverFront Dynamic Developed International ETF $RFDI

Prospera Financial Services Inc grew its stake in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 27.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 129,880 shares of the company’s stock after purchasing an additional 28,170 shares during the period. Prospera Financial Services Inc owned approximately 0.08% of First Trust RiverFront Dynamic Developed International ETF worth $9,471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in First Trust RiverFront Dynamic Developed International ETF by 16.0% during the first quarter. Envestnet Asset Management Inc. now owns 132,871 shares of the company’s stock worth $8,833,000 after buying an additional 18,325 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of First Trust RiverFront Dynamic Developed International ETF by 54.0% in the 1st quarter. Cetera Investment Advisers now owns 79,138 shares of the company’s stock worth $5,261,000 after acquiring an additional 27,750 shares during the last quarter. Per Stirling Capital Management LLC. raised its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 58.6% during the 1st quarter. Per Stirling Capital Management LLC. now owns 197,533 shares of the company’s stock worth $13,132,000 after acquiring an additional 73,023 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 7.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 4,100 shares of the company’s stock worth $299,000 after acquiring an additional 288 shares during the period. Finally, Truist Financial Corp boosted its position in shares of First Trust RiverFront Dynamic Developed International ETF by 14.6% during the 2nd quarter. Truist Financial Corp now owns 93,715 shares of the company’s stock valued at $6,834,000 after acquiring an additional 11,953 shares during the last quarter.

First Trust RiverFront Dynamic Developed International ETF Trading Up 0.3%

Shares of RFDI opened at $77.55 on Friday. First Trust RiverFront Dynamic Developed International ETF has a 12-month low of $58.54 and a 12-month high of $78.50. The firm has a market capitalization of $133.38 million, a P/E ratio of 12.09 and a beta of 0.88. The firm has a 50-day moving average price of $76.96 and a 200 day moving average price of $74.08.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.3845 per share. The ex-dividend date was Thursday, September 25th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.0%.

First Trust RiverFront Dynamic Developed International ETF Profile

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.