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

by · The Cerbat Gem

Nicholson Wealth Management Group LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV – Free Report) 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

(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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