Envestnet Asset Management Inc. Has $8.33 Million Holdings in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI)

Envestnet Asset Management Inc. raised its holdings in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 9.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 130,963 shares of the company’s stock after acquiring an additional 11,013 shares during the period. Envestnet Asset Management Inc. owned about 7.00% of First Trust RiverFront Dynamic Developed International ETF worth $8,333,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RFDI. Walkner Condon Financial Advisors LLC increased its holdings 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 valued at $398,000 after purchasing an additional 153 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of First Trust RiverFront Dynamic Developed International ETF by 6.4% during 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 period. ERn Financial LLC increased its position in First Trust RiverFront Dynamic Developed International ETF by 5.3% in the 1st quarter. ERn Financial LLC now owns 12,557 shares of the company’s stock valued at $807,000 after buying an additional 633 shares in the last quarter. Raleigh Capital Management Inc. lifted its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 23.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 4,064 shares of the company’s stock worth $249,000 after purchasing an additional 777 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new position in shares of First Trust RiverFront Dynamic Developed International ETF during the second quarter valued at about $162,000.

First Trust RiverFront Dynamic Developed International ETF Stock Down 0.5 %

RFDI stock opened at $67.80 on Friday. First Trust RiverFront Dynamic Developed International ETF has a twelve month low of $52.98 and a twelve month high of $68.36. The stock’s 50 day moving average is $66.18 and its 200-day moving average is $65.00. The firm has a market capitalization of $126.79 million, a PE ratio of 10.90 and a beta of 0.94.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 26th will be issued a dividend of $0.7571 per share. The ex-dividend date is Thursday, September 26th. This represents a $3.03 dividend on an annualized basis and a yield of 4.47%.

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.