Royal Bank of Canada Has $3.26 Million Stock Position in First Trust S&P International Dividend Aristocrats ETF $FID

Royal Bank of Canada increased its stake in shares of First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) by 170.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 155,806 shares of the company’s stock after acquiring an additional 98,254 shares during the quarter. Royal Bank of Canada’s holdings in First Trust S&P International Dividend Aristocrats ETF were worth $3,263,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Triumph Capital Management acquired a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the third quarter valued at about $30,000. Darwin Wealth Management LLC acquired a new position in First Trust S&P International Dividend Aristocrats ETF in the 2nd quarter valued at approximately $62,000. Rockefeller Capital Management L.P. grew its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 47.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,307 shares of the company’s stock worth $89,000 after purchasing an additional 1,383 shares in the last quarter. Asset Allocation Strategies LLC bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the first quarter valued at approximately $204,000. Finally, Hilltop Holdings Inc. increased its position in shares of First Trust S&P International Dividend Aristocrats ETF by 24.5% during the third quarter. Hilltop Holdings Inc. now owns 16,905 shares of the company’s stock valued at $333,000 after purchasing an additional 3,332 shares during the period.

First Trust S&P International Dividend Aristocrats ETF Trading Up 0.9%

Shares of NASDAQ FID opened at $23.25 on Friday. The firm has a market capitalization of $173.21 million, a price-to-earnings ratio of 13.94 and a beta of 0.57. First Trust S&P International Dividend Aristocrats ETF has a one year low of $19.16 and a one year high of $23.25. The business has a fifty day simple moving average of $22.14 and a 200 day simple moving average of $21.86.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.385 dividend. This represents a $1.54 annualized dividend and a yield of 6.6%. This is a boost from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, June 25th.

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.