Strid Group LLC Lowers Stake in First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI)

Strid Group LLC trimmed its holdings in shares of First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) by 7.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,243,594 shares of the company’s stock after selling 321,543 shares during the quarter. First Trust DorseyWright DALI 1 ETF accounts for approximately 18.5% of Strid Group LLC’s portfolio, making the stock its 2nd biggest holding. Strid Group LLC owned 0.79% of First Trust DorseyWright DALI 1 ETF worth $91,492,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wells Fargo & Company MN grew its holdings in First Trust DorseyWright DALI 1 ETF by 200,000.0% during the second quarter. Wells Fargo & Company MN now owns 2,001 shares of the company’s stock valued at $52,000 after purchasing an additional 2,000 shares during the period. UBS Group AG lifted its position in shares of First Trust DorseyWright DALI 1 ETF by 1,614.8% during the 3rd quarter. UBS Group AG now owns 4,870 shares of the company’s stock valued at $117,000 after buying an additional 4,586 shares in the last quarter. Susquehanna International Group LLP grew its stake in shares of First Trust DorseyWright DALI 1 ETF by 20.8% during the 1st quarter. Susquehanna International Group LLP now owns 29,414 shares of the company’s stock valued at $732,000 after acquiring an additional 5,056 shares during the period. Citadel Advisors LLC bought a new position in shares of First Trust DorseyWright DALI 1 ETF during the 2nd quarter valued at approximately $831,000. Finally, Pathstone Family Office LLC bought a new stake in First Trust DorseyWright DALI 1 ETF during the 3rd quarter worth approximately $1,404,000.

First Trust DorseyWright DALI 1 ETF Price Performance

NASDAQ:DALI traded up $0.11 during trading hours on Thursday, hitting $22.64. 11,606 shares of the stock traded hands, compared to its average volume of 22,459. First Trust DorseyWright DALI 1 ETF has a 1 year low of $21.18 and a 1 year high of $27.31. The stock has a 50 day moving average price of $23.43 and a 200 day moving average price of $22.88.

First Trust DorseyWright DALI 1 ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.0046 dividend. This represents a $0.02 annualized dividend and a yield of 0.08%. The ex-dividend date was Thursday, March 21st.

First Trust DorseyWright DALI 1 ETF Company Profile

The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure.