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 significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 1,200 shares, a decline of 76.9% from the October 31st total of 5,200 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust S&P International Dividend Aristocrats ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its stake in First Trust S&P International Dividend Aristocrats ETF by 3.5% during the 2nd quarter. Cetera Investment Advisers now owns 67,788 shares of the company’s stock valued at $1,066,000 after purchasing an additional 2,274 shares during the period. Benjamin F. Edwards & Company Inc. raised its position in First Trust S&P International Dividend Aristocrats ETF by 2.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 27,869 shares of the company’s stock valued at $438,000 after buying an additional 667 shares during the period. Gateway Wealth Partners LLC lifted its stake in First Trust S&P International Dividend Aristocrats ETF by 21.3% in the 2nd quarter. Gateway Wealth Partners LLC now owns 15,393 shares of the company’s stock worth $242,000 after acquiring an additional 2,706 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in First Trust S&P International Dividend Aristocrats ETF during the 1st quarter worth about $237,000. Finally, Cetera Advisors LLC acquired a new stake in First Trust S&P International Dividend Aristocrats ETF during the 1st quarter worth about $636,000.

First Trust S&P International Dividend Aristocrats ETF Trading Up 0.4 %

FID stock traded up $0.07 during mid-day trading on Friday, reaching $17.10. 18,714 shares of the stock traded hands, compared to its average volume of 15,677. First Trust S&P International Dividend Aristocrats ETF has a 52-week low of $15.11 and a 52-week high of $17.78. The stock’s fifty day moving average is $17.21 and its 200-day moving average is $16.69. The company has a market cap of $81.20 million, a P/E ratio of 10.95 and a beta of 0.80.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1161 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.46 annualized dividend and a dividend yield of 2.72%.

About First Trust S&P International Dividend Aristocrats ETF

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.