First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by Claro Advisors LLC

Claro Advisors LLC trimmed its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.9% in the third quarter, HoldingsChannel.com reports. The firm owned 76,617 shares of the company’s stock after selling 684 shares during the quarter. Claro Advisors LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $4,464,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at $30,000. EverSource Wealth Advisors LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at about $39,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Trust Dorsey Wright Focus 5 ETF during the second quarter worth about $86,000. Zions Bancorporation N.A. bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the second quarter worth about $86,000. Finally, Register Financial Advisors LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 11.5% in the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock worth $111,000 after acquiring an additional 200 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 2.3 %

NASDAQ:FV opened at $58.99 on Friday. The company has a 50-day moving average of $58.23 and a 200-day moving average of $56.91. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $45.87 and a twelve month high of $61.41.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.0199 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.13%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 26th.

First Trust Dorsey Wright Focus 5 ETF Company 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.