Oppenheimer & Co. Inc. Sells 2,351 Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Oppenheimer & Co. Inc. lowered its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) by 9.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,400 shares of the company’s stock after selling 2,351 shares during the period. Oppenheimer & Co. Inc.’s holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF were worth $767,000 at the end of the most recent reporting period.

Separately, Proactive Wealth Strategies LLC bought a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF in the 3rd quarter worth approximately $277,000.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Up 0.5 %

NASDAQ FVC opened at $36.71 on Wednesday. The stock’s 50 day moving average is $36.04 and its 200 day moving average is $35.03. The firm has a market capitalization of $146.84 million, a PE ratio of 13.85 and a beta of 0.80. First Trust Dorsey Wright Dynamic Focus 5 ETF has a twelve month low of $30.39 and a twelve month high of $37.81.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.0524 dividend. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date was Thursday, September 26th.

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.