First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Announces Dividend Increase – $0.48 Per Share

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) declared a quarterly dividend on Thursday, December 11th. Stockholders of record on Friday, December 12th will be paid a dividend of 0.4837 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, December 12th. This is a 125.7% increase from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.21.

First Trust Eurozone AlphaDEX ETF Trading Up 0.9%

FEUZ opened at $60.98 on Friday. First Trust Eurozone AlphaDEX ETF has a twelve month low of $39.77 and a twelve month high of $61.67. The firm has a market cap of $88.42 million, a price-to-earnings ratio of 11.07 and a beta of 0.96. The company has a fifty day simple moving average of $58.81 and a 200 day simple moving average of $57.22.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FEUZ. Rathbones Group PLC raised its position in shares of First Trust Eurozone AlphaDEX ETF by 56.2% in the 2nd quarter. Rathbones Group PLC now owns 46,541 shares of the company’s stock valued at $2,572,000 after purchasing an additional 16,741 shares in the last quarter. Transamerica Financial Advisors LLC increased its stake in shares of First Trust Eurozone AlphaDEX ETF by 24,578.9% in the first quarter. Transamerica Financial Advisors LLC now owns 4,689 shares of the company’s stock worth $218,000 after buying an additional 4,670 shares during the last quarter. HWG Holdings LP bought a new stake in shares of First Trust Eurozone AlphaDEX ETF in the second quarter worth $740,000. First Trust Advisors LP raised its holdings in First Trust Eurozone AlphaDEX ETF by 3.4% in the second quarter. First Trust Advisors LP now owns 485,820 shares of the company’s stock valued at $26,846,000 after acquiring an additional 16,131 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new stake in First Trust Eurozone AlphaDEX ETF in the first quarter valued at $230,000.

About First Trust Eurozone AlphaDEX ETF

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.