2,903,600 Shares of First Trust Dorsey Wright DALI Equity ETF $DALI Acquired by Strid Group LLC

Strid Group LLC purchased a new stake in shares of First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI – Free Report) during the third quarter, Holdings Channel.com reports. The fund purchased 2,903,600 shares of the company’s stock, valued at approximately $82,071,000. First Trust Dorsey Wright DALI Equity ETF accounts for approximately 8.9% of Strid Group LLC’s portfolio, making the stock its 4th largest position. Strid Group LLC owned approximately 0.84% of First Trust Dorsey Wright DALI Equity ETF as of its most recent SEC filing.

Separately, Western Wealth Management LLC purchased a new position in First Trust Dorsey Wright DALI Equity ETF during the first quarter worth about $80,000.

First Trust Dorsey Wright DALI Equity ETF Stock Performance

Shares of DALI stock opened at $26.99 on Friday. First Trust Dorsey Wright DALI Equity ETF has a 52-week low of $26.65 and a 52-week high of $31.46. The company has a 50-day simple moving average of $28.47 and a two-hundred day simple moving average of $29.25. The company has a market capitalization of $93.12 million, a price-to-earnings ratio of 20.39 and a beta of 0.74.

First Trust Dorsey Wright DALI Equity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1465 per share. The ex-dividend date of this dividend was Thursday, September 24th. This is a negative change from First Trust Dorsey Wright DALI Equity ETF’s previous quarterly dividend of $0.2465. This represents a $0.59 dividend on an annualized basis and a dividend yield of 2.2%.

First Trust Dorsey Wright DALI Equity ETF Profile

(Free Report)

The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure. DALI was launched on May 14, 2018 and is managed by First Trust.

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Institutional Ownership by Quarter for First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI)

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