Pinnacle Wealth Management Advisory Group LLC Acquires New Holdings in First Trust Dorsey Wright Focus 5 ETF $FV

Pinnacle Wealth Management Advisory Group LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 14,720 shares of the company’s stock, valued at approximately $890,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Elevated Capital Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $30,000. EPG Wealth Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth $32,000. Asset Dedication LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth $43,000. TD Capital Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth about $50,000. Finally, Burkett Financial Services LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth about $51,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV opened at $73.23 on Friday. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 19.48 and a beta of 1.09. The business’s 50-day moving average price is $70.18 and its two-hundred day moving average price is $66.16. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $58.33 and a 1 year high of $74.61.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be issued a $0.0761 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, June 25th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05.

First Trust Dorsey Wright Focus 5 ETF 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.