Nicholson Wealth Management Group LLC Buys New Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Nicholson Wealth Management Group LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,634 shares of the company’s stock, valued at approximately $270,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ergawealth Advisors Inc. acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter valued at $210,000. International Assets Investment Management LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 7,073.1% in the third quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock valued at $28,514,000 after purchasing an additional 482,524 shares during the period. Raymond James & Associates increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% during the third quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock worth $97,443,000 after acquiring an additional 47,375 shares during the last quarter. First Citizens Bank & Trust Co. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock valued at $593,000 after purchasing an additional 178 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in First Trust Dorsey Wright Focus 5 ETF by 8.8% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 170,511 shares of the company’s stock worth $9,936,000 after acquiring an additional 13,840 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.3 %

Shares of FV opened at $58.19 on Friday. The stock has a 50 day moving average of $57.16 and a 200-day moving average of $56.33. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $41.05 and a 52 week high of $60.06. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.0199 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.14%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust Dorsey Wright Focus 5 ETF Company 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.