Raymond James & Associates Has $608,000 Stock Holdings in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI)

Raymond James & Associates reduced its stake in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 7.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 9,940 shares of the company’s stock after selling 850 shares during the period. Raymond James & Associates’ holdings in First Trust RiverFront Dynamic Developed International ETF were worth $608,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in RFDI. Avantax Advisory Services Inc. boosted its holdings in First Trust RiverFront Dynamic Developed International ETF by 8.7% in the third quarter. Avantax Advisory Services Inc. now owns 3,925 shares of the company’s stock valued at $218,000 after acquiring an additional 315 shares during the last quarter. NBC Securities Inc. bought a new stake in First Trust RiverFront Dynamic Developed International ETF in the third quarter valued at approximately $304,000. Kesler Norman & Wride LLC bought a new stake in First Trust RiverFront Dynamic Developed International ETF in the third quarter valued at approximately $1,673,000. Finally, Per Stirling Capital Management LLC. boosted its holdings in First Trust RiverFront Dynamic Developed International ETF by 3.5% in the third quarter. Per Stirling Capital Management LLC. now owns 94,177 shares of the company’s stock valued at $5,234,000 after acquiring an additional 3,216 shares during the last quarter.

First Trust RiverFront Dynamic Developed International ETF Price Performance

Shares of RFDI stock opened at $62.81 on Thursday. The business’s 50 day simple moving average is $63.12 and its 200 day simple moving average is $60.13. First Trust RiverFront Dynamic Developed International ETF has a one year low of $52.98 and a one year high of $64.54. The stock has a market capitalization of $123.74 million, a PE ratio of 10.47 and a beta of 0.94.

First Trust RiverFront Dynamic Developed International ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.2573 dividend. This represents a $1.03 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend was Thursday, March 21st.

About First Trust RiverFront Dynamic Developed International ETF

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an exchange-traded fund that is based on the FTSE Developed ex U.S. index. The fund is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.