RiverFront Investment Group LLC Has $19.93 Million Stake in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI)

RiverFront Investment Group LLC cut its stake in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 5.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 313,228 shares of the company’s stock after selling 18,614 shares during the quarter. RiverFront Investment Group LLC owned 16.75% of First Trust RiverFront Dynamic Developed International ETF worth $19,931,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of RFDI. GAMMA Investing LLC bought a new position in First Trust RiverFront Dynamic Developed International ETF during the 2nd quarter valued at $162,000. Raleigh Capital Management Inc. boosted its stake 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 buying an additional 777 shares during the last quarter. Strategic Equity Management bought a new position in shares of First Trust RiverFront Dynamic Developed International ETF in the second quarter valued at approximately $333,000. Walkner Condon Financial Advisors LLC grew its holdings in shares of 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 acquiring an additional 153 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of First Trust RiverFront Dynamic Developed International ETF by 6.4% during the fourth 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.

First Trust RiverFront Dynamic Developed International ETF Trading Down 0.5 %

RFDI stock opened at $67.02 on Wednesday. The stock has a market cap of $125.34 million, a P/E ratio of 10.90 and a beta of 0.94. The stock’s fifty day simple moving average is $66.29 and its two-hundred day simple moving average is $65.10. First Trust RiverFront Dynamic Developed International ETF has a 1-year low of $52.98 and a 1-year high of $68.36.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.7571 dividend. This represents a $3.03 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date was Thursday, September 26th.

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.