Private Advisory Group LLC Sells 3,357 Shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL)

Private Advisory Group LLC cut its stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) by 6.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,349 shares of the company’s stock after selling 3,357 shares during the quarter. Private Advisory Group LLC’s holdings in First Trust Dorsey Wright Momentum & Low Volatility ETF were worth $1,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Concurrent Investment Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF during the 2nd quarter valued at $238,000.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Performance

Shares of NASDAQ:DVOL opened at $33.43 on Friday. The firm has a fifty day moving average of $32.29 and a 200 day moving average of $30.96. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 52-week low of $24.42 and a 52-week high of $33.59. The firm has a market capitalization of $51.82 million, a PE ratio of 22.91 and a beta of 0.80.

First Trust Dorsey Wright Momentum & Low Volatility ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.023 per share. This represents a $0.09 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust Dorsey Wright Momentum & Low Volatility ETF Profile

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.