Benjamin Edwards Inc. Has $1.20 Million Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Benjamin Edwards Inc. grew its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5,608.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,607 shares of the company’s stock after purchasing an additional 20,246 shares during the quarter. Benjamin Edwards Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,201,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Muirfield Wealth Advisors LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 5.0% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 52,037 shares of the company’s stock valued at $2,980,000 after purchasing an additional 2,460 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 35,139 shares of the company’s stock worth $2,012,000 after buying an additional 300 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in First Trust Dorsey Wright Focus 5 ETF by 5.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 15,732 shares of the company’s stock valued at $901,000 after acquiring an additional 863 shares during the period. Professional Financial Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $200,000. Finally, Western Wealth Management LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 6.7% during the 2nd quarter. Western Wealth Management LLC now owns 20,748 shares of the company’s stock worth $1,188,000 after purchasing an additional 1,309 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 1.0 %

Shares of NASDAQ FV opened at $62.47 on Friday. The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a one year low of $47.46 and a one year high of $62.82. The business has a fifty day simple moving average of $59.64 and a 200 day simple moving average of $57.49.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.0199 dividend. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.13%.

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.