Cetera Investment Advisers Raises Position in First Trust Dorsey Wright Dynamic Focus 5 ETF $FVC

Cetera Investment Advisers raised its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) by 14.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,744 shares of the company’s stock after acquiring an additional 1,075 shares during the quarter. Cetera Investment Advisers owned approximately 0.23% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of FVC. World Equity Group Inc. boosted its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 40.4% during the 1st quarter. World Equity Group Inc. now owns 18,792 shares of the company’s stock worth $668,000 after acquiring an additional 5,407 shares during the last quarter. Harvest Investment Services LLC purchased a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter valued at $721,000. Finally, Raymond James Financial Inc. purchased a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter valued at $3,952,000.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Performance

FVC opened at $35.8610 on Wednesday. First Trust Dorsey Wright Dynamic Focus 5 ETF has a fifty-two week low of $31.90 and a fifty-two week high of $39.21. The firm’s fifty day moving average is $35.61 and its 200 day moving average is $35.52. The stock has a market cap of $114.76 million, a price-to-earnings ratio of 19.13 and a beta of 0.80.

First Trust Dorsey Wright Dynamic Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a dividend of $0.2677 per share. This is a positive change from First Trust Dorsey Wright Dynamic Focus 5 ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, June 26th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 3.0%.

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.