Trueblood Wealth Management LLC Has $707,000 Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

by · The Cerbat Gem

Trueblood Wealth Management LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report) by 10.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,130 shares of the company’s stock after purchasing an additional 1,105 shares during the quarter. Trueblood Wealth Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $707,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Sound Income Strategies LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the third quarter worth about $30,000. EverSource Wealth Advisors LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $39,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at approximately $86,000. Zions Bancorporation N.A. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter valued at approximately $86,000. Finally, Register Financial Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the first quarter worth $99,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.4 %

FV stock opened at $58.42 on Friday. The stock’s fifty day simple moving average is $57.21 and its two-hundred day simple moving average is $56.35. The stock has a market cap of $3.78 billion, a P/E 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 announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.0199 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.14%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 26th.

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.

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