First Trust Dorsey Wright Focus 5 ETF $FV Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lessened its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 25.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,314 shares of the company’s stock after selling 4,577 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $730,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Park Square Financial Group LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $28,000. MorganRosel Wealth Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth approximately $28,000. Olde Wealth Management LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth approximately $43,000. Quest 10 Wealth Builders Inc. grew its stake in First Trust Dorsey Wright Focus 5 ETF by 82.2% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,350 shares of the company’s stock worth $74,000 after buying an additional 609 shares during the last quarter. Finally, Trace Wealth Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $221,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.1%

NASDAQ:FV opened at $61.49 on Wednesday. The stock’s 50 day moving average price is $60.69 and its 200 day moving average price is $57.56. The company has a market capitalization of $3.75 billion, a PE ratio of 19.48 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $47.04 and a 52-week high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a dividend of $0.096 per share. The ex-dividend date was Thursday, June 26th. This represents a $0.38 dividend on an annualized basis and a yield of 0.6%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.06.

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.