D.A. Davidson & CO. Decreases Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

D.A. Davidson & CO. lessened its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 439,160 shares of the company’s stock after selling 1,323 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $25,590,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. LPL Financial LLC increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.0% in the 2nd quarter. LPL Financial LLC now owns 4,211,170 shares of the company’s stock valued at $241,157,000 after acquiring an additional 39,720 shares during the period. Raymond James & Associates increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% in the third quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock valued at $97,443,000 after purchasing an additional 47,375 shares during the period. Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% in the third quarter. Concurrent Investment Advisors LLC now owns 568,765 shares of the company’s stock valued at $33,142,000 after purchasing an additional 12,580 shares during the period. Cetera Investment Advisers raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 311.9% in the first quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock worth $30,619,000 after purchasing an additional 405,129 shares during the last quarter. Finally, Madrona Financial Services LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 5.0% during the third quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock worth $29,824,000 after purchasing an additional 24,263 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.3 %

Shares of NASDAQ:FV opened at $61.95 on Tuesday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $46.45 and a twelve month high of $62.32. The company’s 50 day moving average is $58.74 and its 200 day moving average is $57.11. The company has a market cap of $4.01 billion, a PE ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors 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 boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright Focus 5 ETF 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.