First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Trading 0.3% Higher – Time to Buy?

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID)’s stock price rose 0.3% during mid-day trading on Friday . The stock traded as high as $22.29 and last traded at $22.24. Approximately 9,578 shares changed hands during trading, a decline of 67% from the average daily volume of 29,161 shares. The stock had previously closed at $22.17.

First Trust S&P International Dividend Aristocrats ETF Stock Up 0.3%

The company has a market cap of $163.46 million, a PE ratio of 13.94 and a beta of 0.57. The company has a 50-day moving average of $21.88 and a 200-day moving average of $21.36.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0467 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.19 annualized dividend and a dividend yield of 0.8%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the 1st quarter worth approximately $30,000. Triumph Capital Management bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the third quarter valued at approximately $30,000. PNC Financial Services Group Inc. bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the third quarter valued at approximately $61,000. Darwin Wealth Management LLC bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the second quarter valued at approximately $62,000. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 47.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,307 shares of the company’s stock valued at $89,000 after acquiring an additional 1,383 shares in the last quarter.

About First Trust S&P International Dividend Aristocrats ETF

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth. FID was launched on Aug 23, 2013 and is managed by First Trust.