Claris Financial LLC Invests $1.36 Million in First Trust RiverFront Dynamic Developed International ETF $RFDI

Claris Financial LLC bought a new stake in shares of First Trust RiverFront Dynamic Developed International ETF (NASDAQ:RFDI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 16,862 shares of the company’s stock, valued at approximately $1,357,000. First Trust RiverFront Dynamic Developed International ETF makes up about 0.7% of Claris Financial LLC’s investment portfolio, making the stock its 29th largest holding. Claris Financial LLC owned approximately 0.98% of First Trust RiverFront Dynamic Developed International ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of RFDI. Cerity Partners LLC purchased a new stake in First Trust RiverFront Dynamic Developed International ETF in the second quarter worth about $1,299,000. Jane Street Group LLC purchased a new position in shares of First Trust RiverFront Dynamic Developed International ETF during the 2nd quarter worth approximately $2,592,000. Orion Porfolio Solutions LLC raised its position in shares of First Trust RiverFront Dynamic Developed International ETF by 49.5% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 11,470 shares of the company’s stock worth $880,000 after acquiring an additional 3,798 shares in the last quarter. UBS Group AG raised its position in shares of First Trust RiverFront Dynamic Developed International ETF by 12.3% in the 3rd quarter. UBS Group AG now owns 28,596 shares of the company’s stock worth $2,194,000 after acquiring an additional 3,129 shares in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in shares of First Trust RiverFront Dynamic Developed International ETF in the 4th quarter valued at approximately $111,000.

First Trust RiverFront Dynamic Developed International ETF Stock Up 0.1%

NASDAQ RFDI opened at $88.20 on Friday. First Trust RiverFront Dynamic Developed International ETF has a twelve month low of $71.48 and a twelve month high of $89.46. The firm has a market capitalization of $156.11 million, a PE ratio of 12.09 and a beta of 0.82. The stock’s 50 day moving average is $86.51 and its 200 day moving average is $84.23.

First Trust RiverFront Dynamic Developed International ETF Cuts Dividend

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

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.