First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) to Issue Quarterly Dividend of $0.44

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.4369 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 115.3% increase from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.20.

First Trust Small Cap Core AlphaDEX Fund Stock Up 1.0%

Shares of FYX stock opened at $140.19 on Thursday. The firm has a market cap of $1.28 billion, a P/E ratio of 13.79 and a beta of 1.06. The company has a 50 day moving average of $133.63 and a 200-day moving average of $124.60. First Trust Small Cap Core AlphaDEX Fund has a 12-month low of $95.06 and a 12-month high of $141.31.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. NBT Bank N A NY increased its holdings in First Trust Small Cap Core AlphaDEX Fund by 127.4% in the 1st quarter. NBT Bank N A NY now owns 257 shares of the company’s stock worth $31,000 after acquiring an additional 144 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in First Trust Small Cap Core AlphaDEX Fund by 67.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 405 shares of the company’s stock valued at $46,000 after purchasing an additional 163 shares during the last quarter. Sound Income Strategies LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter worth about $161,000. Beto Financial Group LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter worth about $216,000. Finally, Sagespring Wealth Partners LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter worth about $203,000.

About First Trust Small Cap Core AlphaDEX Fund

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.