Garden State Investment Advisory Services LLC Has $2.17 Million Stock Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Garden State Investment Advisory Services LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 36,812 shares of the company’s stock after acquiring an additional 967 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,174,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.5% during the fourth quarter. NewEdge Advisors LLC now owns 1,017,458 shares of the company’s stock worth $60,091,000 after acquiring an additional 24,439 shares during the last quarter. Regal Investment Advisors LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 5.5% during the 4th quarter. Regal Investment Advisors LLC now owns 158,948 shares of the company’s stock worth $9,387,000 after purchasing an additional 8,264 shares during the last quarter. Keystone Financial Group acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $954,000. Virtus Wealth Solutions LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $257,000. Finally, Townsquare Capital LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 3.0% in the 4th quarter. Townsquare Capital LLC now owns 5,606 shares of the company’s stock valued at $331,000 after purchasing an additional 165 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.1 %

Shares of NASDAQ FV opened at $52.26 on Wednesday. The company has a market capitalization of $3.31 billion, a PE ratio of 16.71 and a beta of 1.07. The firm has a fifty day simple moving average of $56.62 and a 200 day simple moving average of $58.94. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.0618 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.47%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, March 27th.

First Trust Dorsey Wright Focus 5 ETF Company 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.