First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Sees Large Decline in Short Interest

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 9,700 shares, a decline of 34.5% from the March 15th total of 14,800 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,200 shares, the days-to-cover ratio is presently 0.5 days.

First Trust S&P International Dividend Aristocrats ETF Stock Performance

FID traded up $0.26 during midday trading on Thursday, hitting $17.52. The stock had a trading volume of 14,876 shares, compared to its average volume of 14,189. The company has a market cap of $89.35 million, a P/E ratio of 11.35 and a beta of 0.80. First Trust S&P International Dividend Aristocrats ETF has a 1 year low of $15.19 and a 1 year high of $17.78. The business has a fifty day moving average of $16.92 and a 200 day moving average of $16.80.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Thursday, March 27th.

Institutional Trading of First Trust S&P International Dividend Aristocrats ETF

Hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 757,180 shares of the company’s stock worth $12,327,000 after buying an additional 42,436 shares during the period. Wagner Wealth Management LLC lifted its position in First Trust S&P International Dividend Aristocrats ETF by 7.8% in the fourth quarter. Wagner Wealth Management LLC now owns 627,638 shares of the company’s stock valued at $10,218,000 after purchasing an additional 45,611 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in First Trust S&P International Dividend Aristocrats ETF during the 4th quarter valued at $4,462,000. Envestnet Asset Management Inc. grew its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 2.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 232,187 shares of the company’s stock worth $3,780,000 after purchasing an additional 5,987 shares during the last quarter. Finally, Entruity Wealth LLC bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF in the 4th quarter worth approximately $3,577,000.

First Trust S&P International Dividend Aristocrats ETF Company Profile

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth.