Strategy Asset Managers LLC Reduces Stock Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Strategy Asset Managers LLC reduced its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 10.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,571 shares of the company’s stock after selling 513 shares during the quarter. Strategy Asset Managers LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $270,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FV. Fisher Asset Management LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $264,000. FMR LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 3.3% during the third quarter. FMR LLC now owns 13,734 shares of the company’s stock valued at $800,000 after buying an additional 438 shares during the period. Benjamin Edwards Inc. boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 5,608.3% during the 3rd quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock valued at $1,201,000 after buying an additional 20,246 shares in the last quarter. Garden State Investment Advisory Services LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock worth $2,089,000 after buying an additional 724 shares during the period. Finally, Hilltop Holdings Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 40.4% in the 3rd quarter. Hilltop Holdings Inc. now owns 22,065 shares of the company’s stock worth $1,286,000 after acquiring an additional 6,345 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV opened at $54.78 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $49.73 and a 1 year high of $63.09. The firm has a 50-day moving average of $59.43 and a 200 day moving average of $59.43. The stock has a market cap of $3.53 billion, a P/E ratio of 18.97 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.0618 dividend. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date is 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.