Flagship Harbor Advisors LLC Makes New $1.02 Million Investment in First Trust Dorsey Wright Focus 5 ETF $FV

Flagship Harbor Advisors LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 16,179 shares of the company’s stock, valued at approximately $1,018,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. NewEdge Advisors LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 11.4% during the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock worth $58,237,000 after purchasing an additional 96,612 shares during the period. Osaic Holdings Inc. increased its position in First Trust Dorsey Wright Focus 5 ETF by 2.8% during the 2nd quarter. Osaic Holdings Inc. now owns 805,352 shares of the company’s stock worth $47,729,000 after purchasing an additional 21,720 shares during the period. Sard Wealth Management Group LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 1.2% during the 4th quarter. Sard Wealth Management Group LLC now owns 470,168 shares of the company’s stock worth $29,583,000 after purchasing an additional 5,804 shares during the period. D.A. Davidson & CO. increased its position in First Trust Dorsey Wright Focus 5 ETF by 0.3% during the 3rd quarter. D.A. Davidson & CO. now owns 427,837 shares of the company’s stock worth $26,492,000 after purchasing an additional 1,352 shares during the period. Finally, Madrona Financial Services LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 2.1% during the 3rd quarter. Madrona Financial Services LLC now owns 397,604 shares of the company’s stock worth $24,620,000 after purchasing an additional 8,004 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Up 2.6%

NASDAQ FV opened at $62.94 on Thursday. The business’s 50 day moving average is $63.48 and its two-hundred day moving average is $63.09. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $47.86 and a 12-month high of $68.16. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 19.48 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0514 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.3%.

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.