Kestra Private Wealth Services LLC Takes $395,000 Position in First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL)

Kestra Private Wealth Services LLC bought a new position in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) during the 4th quarter, HoldingsChannel.com reports. The fund bought 14,455 shares of the company’s stock, valued at approximately $395,000.

Separately, Allworth Financial LP acquired a new stake in First Trust Dorsey Wright Momentum & Low Volatility ETF during the 3rd quarter worth about $230,000.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Performance

Shares of DVOL stock opened at $29.97 on Wednesday. First Trust Dorsey Wright Momentum & Low Volatility ETF has a fifty-two week low of $24.42 and a fifty-two week high of $30.56. The firm has a market capitalization of $47.96 million, a PE ratio of 22.91 and a beta of 0.62. The stock’s 50-day simple moving average is $29.79 and its 200-day simple moving average is $28.09.

First Trust Dorsey Wright Momentum & Low Volatility ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.0527 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.21 annualized dividend and a yield of 0.70%.

About First Trust Dorsey Wright Momentum & Low Volatility ETF

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.