First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) Position Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its holdings in shares of First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIVFree Report) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,129 shares of the company’s stock after acquiring an additional 872 shares during the quarter. Janney Montgomery Scott LLC owned approximately 1.44% of First Trust Dorsey Wright Momentum & Dividend ETF worth $612,000 at the end of the most recent quarter.

Separately, Raymond James & Associates purchased a new position in First Trust Dorsey Wright Momentum & Dividend ETF during the 4th quarter valued at about $241,000.

First Trust Dorsey Wright Momentum & Dividend ETF Price Performance

NASDAQ:DDIV opened at $33.86 on Monday. First Trust Dorsey Wright Momentum & Dividend ETF has a fifty-two week low of $26.36 and a fifty-two week high of $34.29. The stock’s 50-day moving average is $33.29 and its two-hundred day moving average is $31.43. The stock has a market cap of $47.40 million, a PE ratio of 13.54 and a beta of 0.99.

First Trust Dorsey Wright Momentum & Dividend ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.1363 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.55 annualized dividend and a dividend yield of 1.61%.

First Trust Dorsey Wright Momentum & Dividend ETF Company Profile

(Free Report)

The First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 50 large- and mid-cap, high-yield stocks exhibiting relative strength. Holdings are weighted by dividend yield. DDIV was launched on Mar 10, 2014 and is managed by First Trust.

See Also

Institutional Ownership by Quarter for First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV)

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