First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 16.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,871 shares of the company’s stock after purchasing an additional 18,325 shares during the quarter. Envestnet Asset Management Inc. owned approximately 8.20% of First Trust RiverFront Dynamic Developed International ETF worth $8,833,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in RFDI. Strategic Equity Management acquired a new stake in First Trust RiverFront Dynamic Developed International ETF during the 1st quarter valued at $206,000. Armis Advisers LLC purchased a new stake in shares of First Trust RiverFront Dynamic Developed International ETF during the fourth quarter worth about $245,000. NBC Securities Inc. boosted its stake in First Trust RiverFront Dynamic Developed International ETF by 109,080.0% during the 1st quarter. NBC Securities Inc. now owns 5,459 shares of the company’s stock worth $362,000 after purchasing an additional 5,454 shares during the period. Walkner Condon Financial Advisors LLC increased its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 9.1% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 6,135 shares of the company’s stock worth $408,000 after acquiring an additional 511 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in First Trust RiverFront Dynamic Developed International ETF during the fourth quarter valued at about $733,000.

First Trust RiverFront Dynamic Developed International ETF Trading Up 0.7%

Shares of NASDAQ RFDI opened at $72.69 on Tuesday. The firm has a market capitalization of $121.39 million, a PE ratio of 12.09 and a beta of 0.94. The firm’s 50-day moving average is $72.14 and its 200-day moving average is $67.76. First Trust RiverFront Dynamic Developed International ETF has a 1 year low of $58.54 and a 1 year high of $73.46.

First Trust RiverFront Dynamic Developed International ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were given a $1.0976 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $4.39 dividend on an annualized basis and a dividend yield of 6.04%. This is a boost from First Trust RiverFront Dynamic Developed International ETF’s previous quarterly dividend of $0.30.

First Trust RiverFront Dynamic Developed International ETF Company 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.