First Trust Multi Cap Growth AlphaDEX Fund (FAD) To Go Ex-Dividend on March 26th

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) announced a quarterly dividend on Wednesday, March 25th. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.0218 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, March 26th. This is a 156.5% increase from First Trust Multi Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.0085.

First Trust Multi Cap Growth AlphaDEX Fund Stock Performance

NASDAQ FAD opened at $158.09 on Friday. The company has a market cap of $387.32 million, a PE ratio of 25.26 and a beta of 1.15. The firm’s 50 day moving average price is $166.06 and its 200-day moving average price is $163.41. First Trust Multi Cap Growth AlphaDEX Fund has a 52-week low of $113.03 and a 52-week high of $172.23.

Institutional Trading of First Trust Multi Cap Growth AlphaDEX Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN raised its position in shares of First Trust Multi Cap Growth AlphaDEX Fund by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 136,980 shares of the company’s stock worth $22,171,000 after acquiring an additional 6,702 shares in the last quarter. Raymond James Financial Inc. boosted its position in First Trust Multi Cap Growth AlphaDEX Fund by 62.5% during the second quarter. Raymond James Financial Inc. now owns 134,552 shares of the company’s stock valued at $19,755,000 after purchasing an additional 51,752 shares in the last quarter. Keystone Wealth Services LLC bought a new stake in First Trust Multi Cap Growth AlphaDEX Fund during the fourth quarter valued at about $8,708,000. Truist Financial Corp grew its stake in First Trust Multi Cap Growth AlphaDEX Fund by 5.1% in the third quarter. Truist Financial Corp now owns 51,125 shares of the company’s stock valued at $8,208,000 after purchasing an additional 2,478 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in First Trust Multi Cap Growth AlphaDEX Fund by 0.7% in the fourth quarter. Osaic Holdings Inc. now owns 48,706 shares of the company’s stock worth $7,883,000 after purchasing an additional 355 shares in the last quarter.

About First Trust Multi Cap Growth AlphaDEX Fund

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index. Standard & Poor’s constructs the Index by employing the AlphaDEX stock selection methodology to rank the stocks from the three component indices that comprise the S&P Composite 1500/Citigroup Growth Index, which are the S&P 500/Citigroup Growth Index, the S&P MidCap 400/Citigroup Growth Index and the S&P SmallCap 600/Citigroup Growth Index.