First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) to Issue $0.14 Dividend

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) announced a dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.1407 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Dorsey Wright Momentum & Value ETF Stock Performance

Shares of NASDAQ:DVLU traded down $0.31 during midday trading on Friday, hitting $30.43. The company’s stock had a trading volume of 2,319 shares, compared to its average volume of 4,486. First Trust Dorsey Wright Momentum & Value ETF has a 12-month low of $25.18 and a 12-month high of $33.06. The company has a market cap of $31.95 million, a P/E ratio of 8.64 and a beta of 1.18. The business’s 50 day simple moving average is $31.54 and its 200 day simple moving average is $30.01.

About First Trust Dorsey Wright Momentum & Value ETF

The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Value index. The fund tracks an index of 50 large- and mid-cap value stocks exhibiting relative strength. Holdings are weighted by value metrics. DVLU was launched on Sep 5, 2018 and is managed by First Trust.