First Trust Latin America AlphaDEX Fund (NASDAQ:FLN – Get Free Report) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be paid a dividend of 0.2525 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Thursday, June 25th. This is a 7.5% increase from First Trust Latin America AlphaDEX Fund’s previous quarterly dividend of $0.23.
First Trust Latin America AlphaDEX Fund Stock Performance
Shares of FLN stock opened at $24.66 on Thursday. First Trust Latin America AlphaDEX Fund has a fifty-two week low of $18.51 and a fifty-two week high of $28.50. The company has a 50 day moving average price of $26.06 and a 200 day moving average price of $25.34. The stock has a market capitalization of $34.52 million, a P/E ratio of 9.93 and a beta of 0.76.
Institutional Trading of First Trust Latin America AlphaDEX Fund
Large investors have recently modified their holdings of the stock. D.A. Davidson & CO. acquired a new stake in shares of First Trust Latin America AlphaDEX Fund in the first quarter valued at $1,549,000. LPL Financial LLC grew its stake in First Trust Latin America AlphaDEX Fund by 65.3% during the 4th quarter. LPL Financial LLC now owns 103,194 shares of the company’s stock worth $2,341,000 after purchasing an additional 40,773 shares in the last quarter. Cetera Investment Advisers acquired a new position in First Trust Latin America AlphaDEX Fund during the 2nd quarter worth $523,000. Triad Wealth Partners LLC purchased a new stake in First Trust Latin America AlphaDEX Fund during the 4th quarter worth about $238,000. Finally, Balboa Wealth Partners purchased a new stake in First Trust Latin America AlphaDEX Fund during the 1st quarter worth about $204,000.
First Trust Latin America AlphaDEX Fund Company Profile
The First Trust Latin America AlphaDEX Fund (FLN) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Latin America index. The fund tracks an index of Latin American firms screened based on a proprietary methodology, using various factors and weighted in tiers. FLN was launched on Apr 18, 2011 and is managed by First Trust.
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