First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) Declares $0.04 Quarterly Dividend

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALIGet Free Report) declared a quarterly dividend on Thursday, December 11th. Investors of record on Friday, December 12th will be given a dividend of 0.0352 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date is Friday, December 12th.

First Trust Dorsey Wright DALI Equity ETF Trading Up 0.6%

Shares of NASDAQ:DALI opened at $29.32 on Friday. The stock’s 50-day moving average price is $28.26 and its two-hundred day moving average price is $27.37. First Trust Dorsey Wright DALI Equity ETF has a 12-month low of $20.82 and a 12-month high of $29.32. The firm has a market cap of $121.68 million, a price-to-earnings ratio of 20.39 and a beta of 0.72.

Hedge Funds Weigh In On First Trust Dorsey Wright DALI Equity ETF

An institutional investor recently bought a new position in First Trust Dorsey Wright DALI Equity ETF stock. Citadel Advisors LLC purchased a new position in shares of First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALIFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 41,060 shares of the company’s stock, valued at approximately $1,157,000. Citadel Advisors LLC owned 0.99% of First Trust Dorsey Wright DALI Equity ETF as of its most recent SEC filing.

About First Trust Dorsey Wright DALI Equity ETF

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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.

Further Reading

Dividend History for First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI)

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