First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. trimmed its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) by 2.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,698 shares of the company’s stock after selling 3,151 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF were worth $4,861,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FVC. Proactive Wealth Strategies LLC increased its position in First Trust Dorsey Wright Dynamic Focus 5 ETF by 6.0% during the fourth quarter. Proactive Wealth Strategies LLC now owns 8,206 shares of the company’s stock worth $300,000 after buying an additional 465 shares during the period. Atria Wealth Solutions Inc. grew its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 50.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 9,519 shares of the company’s stock worth $348,000 after acquiring an additional 3,209 shares during the last quarter. Independent Advisor Alliance acquired a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter valued at $243,000. Arbor Capital Management Inc. ADV purchased a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter valued at $323,000. Finally, Jane Street Group LLC boosted its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF by 266.9% during the 3rd quarter. Jane Street Group LLC now owns 29,598 shares of the company’s stock worth $1,060,000 after purchasing an additional 21,531 shares during the period.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

NASDAQ FVC opened at $34.22 on Wednesday. The firm’s fifty day moving average is $35.42 and its two-hundred day moving average is $36.50. First Trust Dorsey Wright Dynamic Focus 5 ETF has a one year low of $30.39 and a one year high of $39.21. The firm has a market cap of $128.33 million, a PE ratio of 18.67 and a beta of 0.80.

First Trust Dorsey Wright Dynamic Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.1174 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from First Trust Dorsey Wright Dynamic Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.47 annualized dividend and a yield of 1.37%.

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.