Global Retirement Partners LLC Makes New $1.05 Million Investment in First Trust Dorsey Wright Dynamic Focus 5 ETF $FVC

Global Retirement Partners LLC purchased a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 29,401 shares of the company’s stock, valued at approximately $1,045,000.

A number of other large investors have also modified their holdings of FVC. Prospera Financial Services Inc raised its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 3.7% in the second quarter. Prospera Financial Services Inc now owns 329,537 shares of the company’s stock valued at $11,708,000 after acquiring an additional 11,855 shares in the last quarter. Raymond James Financial Inc. increased its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 98.7% during the 1st quarter. Raymond James Financial Inc. now owns 214,802 shares of the company’s stock worth $7,557,000 after purchasing an additional 106,682 shares during the period. Janney Montgomery Scott LLC increased its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 76.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 48,059 shares of the company’s stock worth $1,708,000 after purchasing an additional 20,835 shares during the period. Trueblood Wealth Management LLC raised its position in First Trust Dorsey Wright Dynamic Focus 5 ETF by 9.6% in the 2nd quarter. Trueblood Wealth Management LLC now owns 16,580 shares of the company’s stock valued at $589,000 after purchasing an additional 1,458 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 14.0% in the 1st quarter. Cetera Investment Advisers now owns 8,744 shares of the company’s stock valued at $308,000 after buying an additional 1,075 shares during the period.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF stock opened at $36.19 on Friday. The business has a 50-day simple moving average of $36.00 and a 200-day simple moving average of $35.76. First Trust Dorsey Wright Dynamic Focus 5 ETF has a one year low of $31.90 and a one year high of $39.21. The company has a market cap of $110.38 million, a PE ratio of 19.13 and a beta of 0.71.

First Trust Dorsey Wright Dynamic Focus 5 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.2262 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.5%.

First Trust Dorsey Wright Dynamic Focus 5 ETF Profile

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.