First Trust Dow Jones International Internet ETF (NASDAQ:FDNI) Position Trimmed by Raymond James & Associates

Posted by Logan Wallace on Aug 30th, 2024

Raymond James & Associates trimmed its position in shares of First Trust Dow Jones International Internet ETF (NASDAQ:FDNI – Free Report) by 3.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 200,555 shares of the company’s stock after selling 6,597 shares during the quarter. Raymond James & Associates owned approximately 17.44% of First Trust Dow Jones International Internet ETF worth $4,677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Integrated Advisors Network LLC lifted its holdings in shares of First Trust Dow Jones International Internet ETF by 2.5% during the 4th quarter. Integrated Advisors Network LLC now owns 26,079 shares of the company’s stock valued at $587,000 after buying an additional 632 shares during the last quarter.

First Trust Dow Jones International Internet ETF Price Performance

Shares of First Trust Dow Jones International Internet ETF stock opened at $23.88 on Friday. The firm has a market cap of $33.43 million, a price-to-earnings ratio of 25.42 and a beta of 0.80. First Trust Dow Jones International Internet ETF has a 52-week low of $19.11 and a 52-week high of $25.66. The stock has a 50-day simple moving average of $23.73 and a 200-day simple moving average of $23.49.

First Trust Dow Jones International Internet ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.0693 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.28 annualized dividend and a dividend yield of 1.16%.

About First Trust Dow Jones International Internet ETF

(Free Report)

The First Trust Dow Jones International Internet ETF (FDNI) is an exchange-traded fund that is based on the Dow Jones International Internet index, a market-cap-weighted index that holds a concentrated portfolio of the largest internet services and commerce companies outside of the US. FDNI was launched on Nov 5, 2018 and is managed by First Trust.