First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Hits New 12-Month High - Here's What Happened

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $80.50 and last traded at $80.4150, with a volume of 11976 shares traded. The stock had previously closed at $80.15.First Trust Developed Markets ex-US AlphaDEX Fund Stock Up 0.3%The stock has a market capitalization of $714.67 million, a price-to-earnings ratio of 9.95 and a beta of 0.87. The business's 50-day moving average is $76.85 and its two-hundred day moving average is $72.93.First Trust Developed Markets ex-US AlphaDEX Fund Cuts DividendThe business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.4076 per share. This represents a $1.63 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Thursday, September 25th. Hedge Funds Weigh In On First Trust Developed Markets ex-US AlphaDEX FundInstitutional investors have recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the 3rd quarter valued at $26,000. JPMorgan Chase & Co. boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 588 shares of the company's stock valued at $40,000 after acquiring an additional 458 shares during the last quarter. Topsail Wealth Management LLC purchased a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the third quarter valued at about $54,000. Northwestern Mutual Wealth Management Co. acquired a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the second quarter worth about $64,000. Finally, Hilltop National Bank acquired a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the second quarter worth about $100,000. First Trust Developed Markets ex-US AlphaDEX Fund Company Profile (Get Free Report)The First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US index. The fund tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers. FDT was launched on Apr 18, 2011 and is managed by First Trust.Featured ArticlesFive stocks we like better than First Trust Developed Markets ex-US AlphaDEX FundWhat is the Shanghai Stock Exchange Composite Index?Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 RallyUtilities Stocks Explained – How and Why to Invest in UtilitiesBeyond the Magnificent 7: Meet 3 of Tech’s Rising StarsHow to Calculate Options ProfitsThe Quantum Fleet: Investing in the New Quantum StandardThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in First Trust Developed Markets ex-US AlphaDEX Fund Right Now?Before you consider First Trust Developed Markets ex-US AlphaDEX Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust Developed Markets ex-US AlphaDEX Fund wasn't on the list.While First Trust Developed Markets ex-US AlphaDEX Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here