First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Plans $0.09 Quarterly Dividend

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.094 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, September 24th.

First Trust Dorsey Wright International Focus 5 ETF Stock Performance

Shares of NASDAQ:IFV traded down $0.20 during trading on Thursday, hitting $25.21. 4,580 shares of the stock were exchanged, compared to its average volume of 57,509. The company has a market capitalization of $225.63 million, a price-to-earnings ratio of 13.24 and a beta of 0.76. First Trust Dorsey Wright International Focus 5 ETF has a 1-year low of $23.19 and a 1-year high of $28.70. The company’s fifty day simple moving average is $25.82 and its 200-day simple moving average is $26.45.

Institutional Investors Weigh In On First Trust Dorsey Wright International Focus 5 ETF

Several institutional investors and hedge funds have recently bought and sold shares of IFV. Fifth Third Bancorp acquired a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter valued at $73,000. D.A. Davidson & CO. acquired a new position in First Trust Dorsey Wright International Focus 5 ETF in the first quarter worth about $202,000. Kestra Advisory Services LLC lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 23.3% during the first quarter. Kestra Advisory Services LLC now owns 23,235 shares of the company’s stock worth $587,000 after purchasing an additional 4,387 shares during the period. Royal Bank of Canada lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 126.9% during the first quarter. Royal Bank of Canada now owns 28,681 shares of the company’s stock worth $725,000 after purchasing an additional 16,040 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in First Trust Dorsey Wright International Focus 5 ETF by 2.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 43,584 shares of the company’s stock valued at $1,082,000 after purchasing an additional 936 shares in the last quarter.

About First Trust Dorsey Wright International Focus 5 ETF

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.