First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Raises Dividend to $0.81 Per Share

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.8084 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 48.5% increase from First Trust Switzerland AlphaDEX Fund’s previous quarterly dividend of $0.54.

First Trust Switzerland AlphaDEX Fund Trading Up 0.5%

Shares of FSZ stock opened at $81.97 on Thursday. First Trust Switzerland AlphaDEX Fund has a 1-year low of $75.27 and a 1-year high of $86.44. The company has a market capitalization of $40.98 million, a price-to-earnings ratio of 21.38 and a beta of 0.77. The stock’s fifty day simple moving average is $81.54 and its 200-day simple moving average is $81.46.

Institutional Trading of First Trust Switzerland AlphaDEX Fund

A number of institutional investors have recently added to or reduced their stakes in the business. First Trust Advisors LP grew its position in First Trust Switzerland AlphaDEX Fund by 24.0% in the third quarter. First Trust Advisors LP now owns 428,728 shares of the company’s stock worth $32,935,000 after acquiring an additional 82,914 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of First Trust Switzerland AlphaDEX Fund by 216.5% in the 1st quarter. Jane Street Group LLC now owns 76,521 shares of the company’s stock valued at $5,177,000 after purchasing an additional 52,346 shares during the last quarter. Susquehanna International Group LLP lifted its stake in shares of First Trust Switzerland AlphaDEX Fund by 259.8% in the 3rd quarter. Susquehanna International Group LLP now owns 36,235 shares of the company’s stock valued at $2,784,000 after purchasing an additional 26,165 shares during the last quarter. Flow Traders U.S. LLC boosted its holdings in First Trust Switzerland AlphaDEX Fund by 7.3% in the third quarter. Flow Traders U.S. LLC now owns 16,664 shares of the company’s stock worth $1,280,000 after purchasing an additional 1,131 shares in the last quarter. Finally, Climber Capital SA bought a new stake in First Trust Switzerland AlphaDEX Fund in the fourth quarter worth $651,000.

About First Trust Switzerland AlphaDEX Fund

The First Trust Switzerland AlphaDEX Fund (FSZ) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Switzerland index. The fund tracks a tiered, equal-weighted index of 40 Swiss companies selected from the NASDAQ Switzerland Index. It aims to outperform the broader market using a quant-based methodology. FSZ was launched on Feb 14, 2012 and is managed by First Trust.