Good Life Advisors LLC Lowers Stock Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Good Life Advisors LLC lowered its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVFree Report) by 3.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 133,001 shares of the company’s stock after selling 4,522 shares during the period. Good Life Advisors LLC owned 0.20% of First Trust Dorsey Wright Focus 5 ETF worth $7,750,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FV. SPC Financial Inc. grew its position in First Trust Dorsey Wright Focus 5 ETF by 10.2% during the third quarter. SPC Financial Inc. now owns 106,129 shares of the company’s stock valued at $6,184,000 after acquiring an additional 9,796 shares during the period. Muirfield Wealth Advisors LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 1.4% during the third quarter. Muirfield Wealth Advisors LLC now owns 52,745 shares of the company’s stock valued at $3,073,000 after acquiring an additional 708 shares during the period. ORG Partners LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at about $3,536,000. Sound Income Strategies LLC purchased a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at about $30,000. Finally, Ballew Advisors Inc grew its position in First Trust Dorsey Wright Focus 5 ETF by 3.2% during the third quarter. Ballew Advisors Inc now owns 19,566 shares of the company’s stock valued at $1,150,000 after acquiring an additional 601 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.3 %

Shares of FV traded up $0.16 during midday trading on Thursday, reaching $59.12. 14,731 shares of the company were exchanged, compared to its average volume of 117,166. The stock has a 50-day moving average price of $56.47 and a 200-day moving average price of $56.22. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $41.05 and a 1-year high of $60.06.

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 paid a dividend of $0.0199 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.13%. 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.

First Trust Dorsey Wright Focus 5 ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVFree Report).

Institutional Ownership by Quarter for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

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