First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Bought by Sard Wealth Management Group LLC

Sard Wealth Management Group LLC grew its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 455,580 shares of the company’s stock after buying an additional 6,030 shares during the period. First Trust Dorsey Wright Focus 5 ETF accounts for approximately 16.8% of Sard Wealth Management Group LLC’s investment portfolio, making the stock its largest holding. Sard Wealth Management Group LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $24,993,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 6.6% during the fourth quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock worth $263,711,000 after purchasing an additional 277,315 shares during the period. Avantax Advisory Services Inc. grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 136.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 20,683 shares of the company’s stock worth $1,222,000 after purchasing an additional 11,925 shares during the period. Concentrum Wealth Management grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 3.6% during the fourth quarter. Concentrum Wealth Management now owns 159,253 shares of the company’s stock worth $9,405,000 after purchasing an additional 5,576 shares during the period. IFP Advisors Inc grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.9% during the fourth quarter. IFP Advisors Inc now owns 109,696 shares of the company’s stock worth $6,479,000 after purchasing an additional 3,121 shares during the period. Finally, Blueprint Investment Partners LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $450,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.0%

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $58.24 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $47.04 and a 12 month high of $63.09. The business has a fifty day simple moving average of $54.73 and a 200 day simple moving average of $58.09. The stock has a market cap of $3.67 billion, a PE ratio of 19.48 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.0618 per share. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.42%.

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.