Risk Paradigm Group LLC lowered its holdings in First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) by 19.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,365 shares of the company’s stock after selling 4,389 shares during the quarter. Risk Paradigm Group LLC owned 0.08% of First Trust Emerging Markets AlphaDEX Fund worth $475,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. First Trust Advisors LP boosted its position in shares of First Trust Emerging Markets AlphaDEX Fund by 20.4% during the 2nd quarter. First Trust Advisors LP now owns 13,130 shares of the company’s stock worth $340,000 after acquiring an additional 2,227 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 61.0% in the 1st quarter. Stratos Wealth Partners LTD. now owns 9,132 shares of the company’s stock valued at $267,000 after purchasing an additional 3,459 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 5.6% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 83,510 shares of the company’s stock valued at $2,447,000 after purchasing an additional 4,442 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 28.0% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 22,332 shares of the company’s stock valued at $1,035,000 after purchasing an additional 4,888 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 3.7% in the 1st quarter. Stifel Financial Corp now owns 146,287 shares of the company’s stock valued at $4,274,000 after purchasing an additional 5,191 shares during the last quarter.

FEM traded down $0.12 on Friday, hitting $23.98. 69,756 shares of the company traded hands, compared to its average volume of 226,947. First Trust Emerging Markets AlphaDEX Fund has a 12-month low of $23.75 and a 12-month high of $31.32.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Monday, September 17th will be issued a $0.4224 dividend. The ex-dividend date of this dividend is Friday, September 14th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 7.05%. This is a boost from First Trust Emerging Markets AlphaDEX Fund’s previous quarterly dividend of $0.21.

Featured Story: Book Value Per Share in Stock Trading

Institutional Ownership by Quarter for First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM)

Receive News & Ratings for First Trust Emerging Markets AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Emerging Markets AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.