OneDigital Investment Advisors LLC Trims Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

OneDigital Investment Advisors LLC trimmed its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,492 shares of the company’s stock after selling 595 shares during the quarter. OneDigital Investment Advisors LLC owned 0.06% of First Trust Dorsey Wright Focus 5 ETF worth $2,185,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at $30,000. EverSource Wealth Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter valued at about $39,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $86,000. Zions Bancorporation N.A. acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $86,000. Finally, Register Financial Advisors LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 11.5% during the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock worth $111,000 after purchasing an additional 200 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

First Trust Dorsey Wright Focus 5 ETF stock opened at $58.99 on Friday. The stock has a market capitalization of $3.82 billion, a PE ratio of 16.50 and a beta of 1.07. The business has a 50 day simple moving average of $58.23 and a 200-day simple moving average of $56.91. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $45.87 and a 12 month high of $61.41.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0199 per share. The ex-dividend date was Thursday, September 26th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.08 dividend on an annualized basis and a yield of 0.13%.

About First Trust Dorsey Wright Focus 5 ETF

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.