Corient Private Wealth LLC Invests $4.07 Million in First Trust Dorsey Wright Focus 5 ETF $FV

Corient Private Wealth LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 64,605 shares of the company’s stock, valued at approximately $4,065,000. Corient Private Wealth LLC owned about 0.12% of First Trust Dorsey Wright Focus 5 ETF at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FV. Elevated Capital Advisors LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $30,000. EPG Wealth Management LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth about $32,000. Asset Dedication LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at about $43,000. TD Capital Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $50,000. Finally, Burkett Financial Services LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth approximately $51,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.0%

NASDAQ:FV opened at $73.23 on Friday. The company’s 50-day moving average price is $70.18 and its 200-day moving average price is $66.16. The company has a market cap of $3.86 billion, a P/E ratio of 19.48 and a beta of 1.09. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $58.33 and a twelve month high of $74.61.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be issued a dividend of $0.0761 per share. The ex-dividend date is Thursday, June 25th. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05.

First Trust Dorsey Wright Focus 5 ETF Profile

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.