Flow Traders U.S. LLC Buys 70,675 Shares of First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI)

Flow Traders U.S. LLC grew its stake in shares of First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) by 889.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 78,617 shares of the company’s stock after acquiring an additional 70,675 shares during the period. Flow Traders U.S. LLC owned about 4.20% of First Trust RiverFront Dynamic Developed International ETF worth $5,295,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Walkner Condon Financial Advisors LLC raised its position in First Trust RiverFront Dynamic Developed International ETF by 2.5% during the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 6,257 shares of the company’s stock valued at $398,000 after purchasing an additional 153 shares in the last quarter. ERn Financial LLC raised its holdings in shares of First Trust RiverFront Dynamic Developed International ETF by 2.7% in the third quarter. ERn Financial LLC now owns 13,973 shares of the company’s stock valued at $941,000 after acquiring an additional 364 shares in the last quarter. GAMMA Investing LLC lifted its stake in First Trust RiverFront Dynamic Developed International ETF by 80.0% in the third quarter. GAMMA Investing LLC now owns 4,578 shares of the company’s stock worth $308,000 after acquiring an additional 2,034 shares during the period. Strategic Equity Management bought a new position in First Trust RiverFront Dynamic Developed International ETF during the 2nd quarter worth about $333,000. Finally, Envestnet Asset Management Inc. increased its position in First Trust RiverFront Dynamic Developed International ETF by 9.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 130,963 shares of the company’s stock valued at $8,333,000 after purchasing an additional 11,013 shares during the period.

First Trust RiverFront Dynamic Developed International ETF Stock Performance

Shares of RFDI opened at $63.97 on Friday. The company has a 50 day moving average price of $65.11 and a 200-day moving average price of $65.44. First Trust RiverFront Dynamic Developed International ETF has a fifty-two week low of $57.89 and a fifty-two week high of $68.36. The stock has a market capitalization of $119.63 million, a PE ratio of 10.90 and a beta of 0.94.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.7571 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $3.03 dividend on an annualized basis and a yield of 4.73%.

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.