Geneos Wealth Management Inc. Lowers Holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Geneos Wealth Management Inc. trimmed its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) by 4.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 18,487 shares of the company’s stock after selling 800 shares during the quarter. Geneos Wealth Management Inc. owned about 0.39% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $638,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC boosted its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 131.4% during the fourth quarter. Global Retirement Partners LLC now owns 1,620 shares of the company’s stock valued at $53,000 after buying an additional 920 shares during the last quarter. Atria Wealth Solutions Inc. bought a new position in First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter valued at about $207,000. Finally, Trueblood Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter valued at about $499,000.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

Shares of FVC traded down $0.19 during mid-day trading on Thursday, hitting $35.64. 10,563 shares of the company traded hands, compared to its average volume of 13,715. The stock has a market cap of $162.16 million, a price-to-earnings ratio of 13.85 and a beta of 0.80. The stock has a 50-day moving average price of $34.68 and a two-hundred day moving average price of $33.89. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 1 year low of $29.70 and a 1 year high of $36.00.

First Trust Dorsey Wright Dynamic Focus 5 ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.0666 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.27 dividend on an annualized basis and a yield of 0.75%.

About First Trust Dorsey Wright Dynamic Focus 5 ETF

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum.