Prospera Financial Services Inc Grows Position in First Trust RiverFront Dynamic Developed International ETF $RFDI

Prospera Financial Services Inc boosted its stake in First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 142,973 shares of the company’s stock after purchasing an additional 5,846 shares during the quarter. Prospera Financial Services Inc owned about 8.31% of First Trust RiverFront Dynamic Developed International ETF worth $11,510,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of RFDI. Elevated Capital Advisors LLC purchased a new stake in First Trust RiverFront Dynamic Developed International ETF during the fourth quarter worth approximately $111,000. Orion Porfolio Solutions LLC grew its stake in First Trust RiverFront Dynamic Developed International ETF by 49.5% during the third quarter. Orion Porfolio Solutions LLC now owns 11,470 shares of the company’s stock worth $880,000 after buying an additional 3,798 shares during the period. Cerity Partners LLC purchased a new stake in First Trust RiverFront Dynamic Developed International ETF during the second quarter worth approximately $1,299,000. UBS Group AG grew its stake in First Trust RiverFront Dynamic Developed International ETF by 12.3% during the third quarter. UBS Group AG now owns 28,596 shares of the company’s stock worth $2,194,000 after buying an additional 3,129 shares during the period. Finally, Jane Street Group LLC purchased a new stake in First Trust RiverFront Dynamic Developed International ETF during the second quarter worth approximately $2,592,000.

First Trust RiverFront Dynamic Developed International ETF Stock Down 0.7%

RFDI opened at $86.70 on Friday. First Trust RiverFront Dynamic Developed International ETF has a 52-week low of $71.06 and a 52-week high of $89.25. The company has a 50 day moving average of $84.52 and a two-hundred day moving average of $82.93. The company has a market cap of $153.46 million, a P/E ratio of 12.09 and a beta of 0.83.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.3485 per share. This represents a $1.39 annualized dividend and a yield of 1.6%. The ex-dividend date was Thursday, March 26th.

About First Trust RiverFront Dynamic Developed International ETF

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. RFDI was launched on Apr 13, 2016 and is managed by First Trust.