First Trust Brazil AlphaDEX Fund (NASDAQ:FBZ) Stock Price Down 1.5% – What’s Next?

First Trust Brazil AlphaDEX Fund (NASDAQ:FBZ) dropped 1.5% during trading on Thursday . The company traded as low as $10.86 and last traded at $10.91. Approximately 210 shares changed hands during trading, a decline of 93% from the average daily volume of 3,030 shares. The stock had previously closed at $11.08.

First Trust Brazil AlphaDEX Fund Stock Performance

The company has a market cap of $6.00 million, a PE ratio of 7.54 and a beta of 1.02. The company has a 50 day simple moving average of $11.15 and a two-hundred day simple moving average of $11.11.

First Trust Brazil AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.136 per share. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from First Trust Brazil AlphaDEX Fund’s previous quarterly dividend of $0.10. This represents a $0.54 dividend on an annualized basis and a yield of 4.99%.

First Trust Brazil AlphaDEX Fund Company Profile

The First Trust Brazil AlphaDEX Fund (FBZ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index weighted in tiers and selected using growth and value factors. FBZ was launched on Apr 18, 2011 and is managed by First Trust.