First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Shares Climb 0.4% – Time to Buy?

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) shares rose 0.4% during mid-day trading on Thursday. The company traded as high as $22.42 and last traded at $22.38. 9,671 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 22,453 shares. The stock had previously closed at $22.28.

First Trust S&P International Dividend Aristocrats ETF Trading Up 0.2%

The firm has a fifty day moving average price of $22.78 and a 200 day moving average price of $22.22. The firm has a market cap of $167.10 million, a PE ratio of 13.94 and a beta of 0.58.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1570 per share. The ex-dividend date was Thursday, September 24th. This is a decrease from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.3850. This represents a $0.63 annualized dividend and a yield of 2.8%.

Hedge Funds Weigh In On First Trust S&P International Dividend Aristocrats ETF

Institutional investors have recently bought and sold shares of the company. Arkadios Wealth Advisors acquired a new position in First Trust S&P International Dividend Aristocrats ETF in the 1st quarter valued at about $15,299,000. Royal Bank of Canada increased its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 170.7% during the 1st quarter. Royal Bank of Canada now owns 155,806 shares of the company’s stock worth $3,263,000 after buying an additional 98,254 shares during the last quarter. Gateway Wealth Partners LLC increased its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 132.1% during the 1st quarter. Gateway Wealth Partners LLC now owns 148,978 shares of the company’s stock worth $3,120,000 after buying an additional 84,787 shares during the last quarter. Ethos Financial Group LLC purchased a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the 1st quarter valued at approximately $1,736,000. Finally, Wagner Wealth Management LLC raised its position in shares of First Trust S&P International Dividend Aristocrats ETF by 5.4% during the 1st quarter. Wagner Wealth Management LLC now owns 811,389 shares of the company’s stock valued at $16,995,000 after buying an additional 41,507 shares during the period.

First Trust S&P International Dividend Aristocrats ETF Company Profile

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.