Weaver Consulting Group Sells 694 Shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL)

Posted by Hanz Christensen on Jun 29th, 2024

Weaver Consulting Group trimmed its stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL – Free Report) by 8.2% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 7,769 shares of the company’s stock after selling 694 shares during the quarter. Weaver Consulting Group owned about 0.49% of First Trust Dorsey Wright Momentum & Low Volatility ETF worth $237,000 as of its most recent SEC filing.

Separately, Kestra Private Wealth Services LLC acquired a new stake in First Trust Dorsey Wright Momentum & Low Volatility ETF during the fourth quarter worth about $395,000.

First Trust Dorsey Wright Momentum & Low Volatility ETF Trading Down 0.3 %

DVOL stock traded down $0.09 during mid-day trading on Friday, hitting $30.27. The stock had a trading volume of 3,995 shares, compared to its average volume of 6,159. The firm has a fifty day simple moving average of $30.11 and a 200 day simple moving average of $29.17. The firm has a market capitalization of $48.44 million, a P/E ratio of 22.91 and a beta of 0.80. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 52 week low of $24.42 and a 52 week high of $30.95.

First Trust Dorsey Wright Momentum & Low Volatility ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a $0.0435 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.17 dividend on an annualized basis and a yield of 0.57%.

About First Trust Dorsey Wright Momentum & Low Volatility ETF

(Free Report)

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.