Commonwealth Equity Services LLC Lowers Position in First Trust Dorsey Wright Focus 5 ETF $FV

Commonwealth Equity Services LLC reduced its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 13.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,478,115 shares of the company’s stock after selling 375,755 shares during the period. Commonwealth Equity Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $153,445,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of FV. CX Institutional acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at about $36,000. Evolution Wealth Management Inc. acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $44,000. ST Germain D J Co. Inc. purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth approximately $56,000. MAI Capital Management increased its holdings 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 increased 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 during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.7%

NASDAQ: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’s fifty day moving average is $62.02 and its two-hundred day moving average is $61.29. The stock has a market capitalization of $3.67 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced 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. This represents a $0.54 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change 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.