Raymond James & Associates Sells 4,805 Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Raymond James & Associates reduced its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) by 6.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 72,757 shares of the company’s stock after selling 4,805 shares during the period. Raymond James & Associates owned approximately 1.60% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $2,565,000 as of its most recent SEC filing.

Separately, Atria Wealth Solutions Inc. bought a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF in the fourth quarter worth $207,000.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Up 1.2 %

First Trust Dorsey Wright Dynamic Focus 5 ETF stock opened at $35.08 on Monday. The company has a market capitalization of $156.11 million, a PE ratio of 13.85 and a beta of 0.80. The firm has a fifty day simple moving average of $34.49 and a two-hundred day simple moving average of $34.24. First Trust Dorsey Wright Dynamic Focus 5 ETF has a twelve month low of $29.70 and a twelve month high of $36.67.

First Trust Dorsey Wright Dynamic Focus 5 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.0666 dividend. This represents a $0.27 annualized dividend and a yield of 0.76%. The ex-dividend date was Thursday, June 27th.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum.