Assetmark Inc. Buys 224 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Assetmark Inc. grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 6.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,828 shares of the company’s stock after acquiring an additional 224 shares during the period. Assetmark Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at approximately $30,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth $39,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth approximately $86,000. Zions Bancorporation N.A. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth $86,000. Finally, Register Financial Advisors LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% during the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after acquiring an additional 200 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV stock opened at $58.99 on Friday. The business has a fifty day moving average of $58.23 and a 200 day moving average of $56.91. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $45.87 and a 1 year high of $61.41.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

About First Trust Dorsey Wright Focus 5 ETF

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.