First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) Announces $0.03 Quarterly Dividend

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.0292 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, March 26th.

First Trust Dorsey Wright Momentum & Low Volatility ETF Price Performance

Shares of DVOL stock traded down $0.50 during trading hours on Thursday, reaching $34.25. The company had a trading volume of 11,706 shares, compared to its average volume of 13,819. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 12 month low of $31.30 and a 12 month high of $37.50. The business has a fifty day simple moving average of $35.99 and a 200-day simple moving average of $35.35. The company has a market cap of $73.64 million, a price-to-earnings ratio of 24.91 and a beta of 0.79.

About First Trust Dorsey Wright Momentum & Low Volatility ETF

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility. DVOL was launched on Sep 5, 2018 and is managed by First Trust.