First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Holdings Lowered by LPL Financial LLC

LPL Financial LLC lowered its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 0.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,187,814 shares of the company’s stock after selling 23,356 shares during the quarter. LPL Financial LLC owned 0.06% of First Trust Dorsey Wright Focus 5 ETF worth $244,024,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth about $30,000. EverSource Wealth Advisors LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $39,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth approximately $86,000. Zions Bancorporation N.A. purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at approximately $86,000. Finally, Register Financial Advisors LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% during the 2nd quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after purchasing an additional 200 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of NASDAQ FV opened at $60.59 on Friday. The stock has a market capitalization of $3.92 billion, a P/E ratio of 16.50 and a beta of 1.07. The company’s 50-day moving average is $58.54 and its 200 day moving average is $57.03. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $46.45 and a 1 year 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. Stockholders of record on Thursday, September 26th were issued a $0.0199 dividend. The ex-dividend date was Thursday, September 26th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.13%.

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.