Gateway Wealth Partners LLC Buys 84,787 Shares of First Trust S&P International Dividend Aristocrats ETF $FID

Gateway Wealth Partners LLC boosted its stake in shares of First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) by 132.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 148,978 shares of the company’s stock after buying an additional 84,787 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust S&P International Dividend Aristocrats ETF were worth $3,120,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in First Trust S&P International Dividend Aristocrats ETF by 7.9% in the fourth quarter. LPL Financial LLC now owns 1,119,453 shares of the company’s stock worth $23,005,000 after buying an additional 81,728 shares during the last quarter. Wagner Wealth Management LLC increased its position in First Trust S&P International Dividend Aristocrats ETF by 5.4% during the first quarter. Wagner Wealth Management LLC now owns 811,389 shares of the company’s stock valued at $16,995,000 after acquiring an additional 41,507 shares during the last quarter. Hobart Private Capital LLC raised its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 7.4% in the fourth quarter. Hobart Private Capital LLC now owns 278,845 shares of the company’s stock valued at $5,730,000 after acquiring an additional 19,151 shares during the period. D.A. Davidson & CO. raised its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 1.1% in the first quarter. D.A. Davidson & CO. now owns 246,440 shares of the company’s stock valued at $5,162,000 after acquiring an additional 2,638 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 28.4% in the fourth quarter. Stifel Financial Corp now owns 198,050 shares of the company’s stock valued at $4,070,000 after acquiring an additional 43,763 shares during the period.

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

First Trust S&P International Dividend Aristocrats ETF stock opened at $22.33 on Tuesday. First Trust S&P International Dividend Aristocrats ETF has a 12-month low of $17.91 and a 12-month high of $22.59. The firm has a 50-day moving average price of $22.00 and a 200-day moving average price of $21.68. The firm has a market capitalization of $166.36 million, a PE ratio of 13.94 and a beta of 0.57.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.385 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.05. This represents a $1.54 annualized dividend and a yield of 6.9%.

About First Trust S&P International Dividend Aristocrats ETF

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.