LPL Financial LLC Has $989,000 Stock Holdings in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI)

LPL Financial LLC lowered its position in shares of First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 2.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,099 shares of the company’s stock after selling 385 shares during the quarter. LPL Financial LLC owned approximately 0.94% of First Trust RiverFront Dynamic Developed International ETF worth $989,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ERn Financial LLC increased its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 3.8% during the fourth quarter. ERn Financial LLC now owns 14,497 shares of the company’s stock worth $891,000 after buying an additional 524 shares in the last quarter. GAMMA Investing LLC grew its position in First Trust RiverFront Dynamic Developed International ETF by 18.6% during the 4th quarter. GAMMA Investing LLC now owns 5,430 shares of the company’s stock worth $334,000 after acquiring an additional 852 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in First Trust RiverFront Dynamic Developed International ETF during the 4th quarter valued at $733,000.

First Trust RiverFront Dynamic Developed International ETF Stock Performance

First Trust RiverFront Dynamic Developed International ETF stock opened at $66.09 on Monday. The firm has a market cap of $107.07 million, a P/E ratio of 12.36 and a beta of 0.94. First Trust RiverFront Dynamic Developed International ETF has a 52 week low of $58.54 and a 52 week high of $68.45. The business’s fifty day moving average is $65.73 and its two-hundred day moving average is $64.35.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.2993 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.81%.

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.