Janney Montgomery Scott LLC Sells 1,000 Shares of First Trust Dorsey Wright Momentum & Value ETF $DVLU

Janney Montgomery Scott LLC lowered its holdings in First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLUFree Report) by 9.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,540 shares of the company’s stock after selling 1,000 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Dorsey Wright Momentum & Value ETF were worth $285,000 at the end of the most recent quarter.

Separately, Cetera Investment Advisers boosted its holdings in First Trust Dorsey Wright Momentum & Value ETF by 15.9% in the 1st quarter. Cetera Investment Advisers now owns 25,868 shares of the company’s stock valued at $735,000 after purchasing an additional 3,549 shares during the period.

First Trust Dorsey Wright Momentum & Value ETF Stock Up 0.7%

NASDAQ DVLU opened at $33.49 on Monday. The company has a market capitalization of $33.49 million, a P/E ratio of 14.02 and a beta of 1.18. First Trust Dorsey Wright Momentum & Value ETF has a 12-month low of $24.10 and a 12-month high of $34.28. The firm has a 50-day moving average price of $32.21 and a two-hundred day moving average price of $29.89.

First Trust Dorsey Wright Momentum & Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.058 per share. The ex-dividend date was Thursday, September 25th. This represents a $0.23 annualized dividend and a dividend yield of 0.7%.

First Trust Dorsey Wright Momentum & Value ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU)

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