First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Holdings Trimmed by First Heartland Consultants Inc.

First Heartland Consultants Inc. reduced its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,431 shares of the company’s stock after selling 625 shares during the quarter. First Heartland Consultants Inc. owned 0.08% of First Trust Dorsey Wright Focus 5 ETF worth $3,172,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 51.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 14,869 shares of the company’s stock valued at $851,000 after buying an additional 5,056 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 27,115 shares of the company’s stock worth $1,552,000 after purchasing an additional 735 shares during the last quarter. HBK Sorce Advisory LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the first quarter worth $267,000. Trustmark National Bank Trust Department grew its stake in First Trust Dorsey Wright Focus 5 ETF by 13.9% in the 1st quarter. Trustmark National Bank Trust Department now owns 16,378 shares of the company’s stock valued at $937,000 after buying an additional 2,000 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in First Trust Dorsey Wright Focus 5 ETF by 3.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 12,315 shares of the company’s stock valued at $705,000 after buying an additional 402 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.5 %

Shares of FV stock traded down $0.29 during trading hours on Tuesday, reaching $60.97. 12,812 shares of the company’s stock were exchanged, compared to its average volume of 115,341. The stock has a market capitalization of $3.94 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $44.26 and a fifty-two week high of $61.41. The business has a fifty day moving average price of $57.76 and a 200-day moving average price of $56.77.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.0199 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.13%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright Focus 5 ETF Company Profile

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.