First Trust Dorsey Wright Focus 5 ETF $FV Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 13.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,478,115 shares of the company’s stock after selling 375,755 shares during the period. Commonwealth Equity Services LLC owned 4.18% of First Trust Dorsey Wright Focus 5 ETF worth $153,445,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CX Institutional purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth approximately $36,000. Evolution Wealth Management Inc. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter worth approximately $44,000. ST Germain D J Co. Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $56,000. MAI Capital Management raised its stake in First Trust Dorsey Wright Focus 5 ETF by 44.2% in the 2nd quarter. MAI Capital Management now owns 1,895 shares of the company’s stock valued at $112,000 after purchasing an additional 581 shares during the last quarter. Finally, Private Trust Co. NA lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 13.2% in the 2nd quarter. Private Trust Co. NA now owns 1,926 shares of the company’s stock valued at $114,000 after purchasing an additional 225 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.7%

Shares of FV opened at $64.01 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $47.04 and a 52-week high of $64.11. The stock has a market cap of $3.67 billion, a PE ratio of 19.48 and a beta of 1.08. The firm’s fifty day moving average is $62.02 and its two-hundred day moving average is $61.29.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.1355 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.54 annualized dividend and a yield of 0.8%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

About First Trust Dorsey Wright Focus 5 ETF

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.