Benjamin F. Edwards & Company Inc. Sells 5,418 Shares of First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI)

Benjamin F. Edwards & Company Inc. lessened its stake in shares of First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 28.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,898 shares of the company’s stock after selling 5,418 shares during the period. Benjamin F. Edwards & Company Inc. owned 0.74% of First Trust RiverFront Dynamic Developed International ETF worth $884,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. increased its position in First Trust RiverFront Dynamic Developed International ETF by 9.2% in the second quarter. Envestnet Asset Management Inc. now owns 130,963 shares of the company’s stock worth $8,333,000 after purchasing an additional 11,013 shares during the last quarter. OLD Mission Capital LLC increased its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 6.6% in the 1st quarter. OLD Mission Capital LLC now owns 65,259 shares of the company’s stock worth $4,194,000 after buying an additional 4,064 shares during the last quarter. ERn Financial LLC raised its position in shares of First Trust RiverFront Dynamic Developed International ETF by 8.4% during the 2nd quarter. ERn Financial LLC now owns 13,609 shares of the company’s stock valued at $866,000 after buying an additional 1,052 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 6.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 7,611 shares of the company’s stock valued at $466,000 after acquiring an additional 455 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC grew its position in First Trust RiverFront Dynamic Developed International ETF by 2.5% in the second quarter. Walkner Condon Financial Advisors LLC now owns 6,257 shares of the company’s stock worth $398,000 after acquiring an additional 153 shares in the last quarter.

First Trust RiverFront Dynamic Developed International ETF Price Performance

Shares of NASDAQ RFDI opened at $67.80 on Tuesday. First Trust RiverFront Dynamic Developed International ETF has a 1-year low of $52.98 and a 1-year high of $68.36. The business’s 50 day moving average is $66.06 and its two-hundred day moving average is $64.93. The stock has a market capitalization of $126.79 million, a P/E ratio of 10.90 and a beta of 0.94.

First Trust RiverFront Dynamic Developed International ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a $1.0372 dividend. The ex-dividend date was Thursday, June 27th. This represents a $4.15 dividend on an annualized basis and a yield of 6.12%.

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.