First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) Declares Quarterly Dividend of $0.81

First Trust Switzerland AlphaDEX Fund (NASDAQ:FSZ) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be paid a dividend of 0.8084 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Thursday, June 25th. This is a 48.5% increase from First Trust Switzerland AlphaDEX Fund’s previous quarterly dividend of $0.54.

First Trust Switzerland AlphaDEX Fund Price Performance

Shares of First Trust Switzerland AlphaDEX Fund stock opened at $81.97 on Thursday. First Trust Switzerland AlphaDEX Fund has a 1-year low of $75.27 and a 1-year high of $86.44. The business’s fifty day moving average price is $81.54 and its two-hundred day moving average price is $81.46. The company has a market capitalization of $40.98 million, a P/E ratio of 21.38 and a beta of 0.77.

Institutional Investors Weigh In On First Trust Switzerland AlphaDEX Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC bought a new position in shares of First Trust Switzerland AlphaDEX Fund during the 3rd quarter valued at about $59,000. Royal Bank of Canada lifted its position in shares of First Trust Switzerland AlphaDEX Fund by 35.3% during the 4th quarter. Royal Bank of Canada now owns 959 shares of the company’s stock valued at $77,000 after acquiring an additional 250 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Switzerland AlphaDEX Fund during the 4th quarter valued at $161,000. Hyposwiss Advisors SA bought a new stake in shares of First Trust Switzerland AlphaDEX Fund during the 4th quarter worth $234,000. Finally, BFI Infinity Ltd. grew its holdings in shares of First Trust Switzerland AlphaDEX Fund by 200.0% in the 4th quarter. BFI Infinity Ltd. now owns 3,300 shares of the company’s stock worth $266,000 after acquiring an additional 6,600 shares during the last quarter.

First Trust Switzerland AlphaDEX Fund Company Profile

The First Trust Switzerland AlphaDEX Fund (FSZ) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Switzerland index. The fund tracks a tiered, equal-weighted index of 40 Swiss companies selected from the NASDAQ Switzerland Index. It aims to outperform the broader market using a quant-based methodology. FSZ was launched on Feb 14, 2012 and is managed by First Trust.