NewEdge Advisors LLC Buys 261,757 Shares of First Trust Dorsey Wright International Focus 5 ETF $IFV

NewEdge Advisors LLC grew its stake in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) by 50.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 782,569 shares of the company’s stock after buying an additional 261,757 shares during the quarter. NewEdge Advisors LLC owned 8.74% of First Trust Dorsey Wright International Focus 5 ETF worth $19,776,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of First Trust Dorsey Wright International Focus 5 ETF during the second quarter worth $2,128,000. Bank of America Corp DE boosted its stake in First Trust Dorsey Wright International Focus 5 ETF by 24.9% in the 2nd quarter. Bank of America Corp DE now owns 216,181 shares of the company’s stock worth $4,955,000 after purchasing an additional 43,127 shares during the period. Osaic Holdings Inc. increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 5.7% during the 2nd quarter. Osaic Holdings Inc. now owns 28,854 shares of the company’s stock worth $661,000 after purchasing an additional 1,564 shares in the last quarter. UBS Group AG increased its holdings in First Trust Dorsey Wright International Focus 5 ETF by 44.6% during the 3rd quarter. UBS Group AG now owns 130,424 shares of the company’s stock worth $3,193,000 after purchasing an additional 40,231 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of First Trust Dorsey Wright International Focus 5 ETF by 1.0% in the 3rd quarter. Raymond James Financial Inc. now owns 319,121 shares of the company’s stock valued at $7,812,000 after purchasing an additional 3,079 shares during the period.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright International Focus 5 ETF stock opened at $26.11 on Friday. The firm has a market cap of $234.99 million, a price-to-earnings ratio of 13.24 and a beta of 0.76. The stock’s 50-day moving average is $26.47 and its 200-day moving average is $26.68. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $23.19 and a one year high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.2505 dividend. This represents a $1.00 annualized dividend and a yield of 3.8%. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01.

First Trust Dorsey Wright International Focus 5 ETF Company Profile

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.