First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Short Interest Update

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 46,538 shares, a growth of 115.7% from the June 15th total of 21,571 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 27,853 shares, the short-interest ratio is presently 1.7 days.

Institutional Investors Weigh In On First Trust S&P International Dividend Aristocrats ETF

Several institutional investors and hedge funds have recently modified their holdings of FID. Arkadios Wealth Advisors purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the first quarter valued at about $15,299,000. Royal Bank of Canada lifted its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 170.7% in the 1st quarter. Royal Bank of Canada now owns 155,806 shares of the company’s stock valued at $3,263,000 after purchasing an additional 98,254 shares during the period. Gateway Wealth Partners LLC boosted its position in shares of First Trust S&P International Dividend Aristocrats ETF by 132.1% during the first quarter. Gateway Wealth Partners LLC now owns 148,978 shares of the company’s stock valued at $3,120,000 after purchasing an additional 84,787 shares in the last quarter. Ethos Financial Group LLC bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the first quarter valued at approximately $1,736,000. Finally, LPL Financial LLC boosted its position in shares of First Trust S&P International Dividend Aristocrats ETF by 7.9% during the fourth quarter. LPL Financial LLC now owns 1,119,453 shares of the company’s stock valued at $23,005,000 after purchasing an additional 81,728 shares in the last quarter.

First Trust S&P International Dividend Aristocrats ETF Stock Performance

FID opened at $22.10 on Friday. The stock has a market capitalization of $162.44 million, a PE ratio of 13.94 and a beta of 0.57. The stock’s 50 day moving average price is $21.98 and its 200-day moving average price is $21.61. First Trust S&P International Dividend Aristocrats ETF has a 52-week low of $17.91 and a 52-week high of $22.59.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.385 per share. This represents a $1.54 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.05.

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. FID was launched on Aug 23, 2013 and is managed by First Trust.