International Assets Investment Management LLC Buys Shares of 6,034 First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI)

International Assets Investment Management LLC bought a new stake in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,034 shares of the company’s stock, valued at approximately $369,000. International Assets Investment Management LLC owned approximately 0.29% of First Trust RiverFront Dynamic Developed International ETF as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in RFDI. NBC Securities Inc. acquired a new position in shares of First Trust RiverFront Dynamic Developed International ETF in the 3rd quarter valued at approximately $304,000. Avantax Advisory Services Inc. raised its position in shares of First Trust RiverFront Dynamic Developed International ETF by 8.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 3,925 shares of the company’s stock valued at $218,000 after purchasing an additional 315 shares in the last quarter. Kesler Norman & Wride LLC acquired a new position in shares of First Trust RiverFront Dynamic Developed International ETF in the 3rd quarter valued at approximately $1,673,000. Per Stirling Capital Management LLC. raised its position in shares of First Trust RiverFront Dynamic Developed International ETF by 3.5% in the 3rd quarter. Per Stirling Capital Management LLC. now owns 94,177 shares of the company’s stock valued at $5,234,000 after purchasing an additional 3,216 shares in the last quarter. Finally, ERn Financial LLC raised its position in shares of First Trust RiverFront Dynamic Developed International ETF by 5.6% in the 4th quarter. ERn Financial LLC now owns 11,924 shares of the company’s stock valued at $721,000 after purchasing an additional 627 shares in the last quarter.

First Trust RiverFront Dynamic Developed International ETF Stock Up 0.4 %

Shares of RFDI opened at $63.08 on Friday. The firm has a market cap of $124.27 million, a price-to-earnings ratio of 10.47 and a beta of 0.94. First Trust RiverFront Dynamic Developed International ETF has a 52-week low of $52.98 and a 52-week high of $64.54. The business’s 50 day moving average is $63.16 and its two-hundred day moving average is $60.20.

First Trust RiverFront Dynamic Developed International ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a dividend of $0.2573 per share. This represents a $1.03 annualized dividend and a yield of 1.63%. The ex-dividend date was Thursday, March 21st.

First Trust RiverFront Dynamic Developed International ETF Profile

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.