Sigma Planning Corp Boosts Holdings in First Trust Dorsey Wright Momentum & Low Volatility ETF $DVOL

Sigma Planning Corp increased its position in First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) by 55.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 13,680 shares of the company’s stock after buying an additional 4,875 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Dorsey Wright Momentum & Low Volatility ETF were worth $480,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. acquired a new position in First Trust Dorsey Wright Momentum & Low Volatility ETF in the 1st quarter worth $208,000. Mutual Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF during the second quarter worth about $228,000. Cetera Investment Advisers lifted its stake in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF by 6.5% in the first quarter. Cetera Investment Advisers now owns 11,423 shares of the company’s stock worth $406,000 after acquiring an additional 697 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new position in First Trust Dorsey Wright Momentum & Low Volatility ETF in the second quarter valued at about $437,000. Finally, Private Advisory Group LLC grew its stake in First Trust Dorsey Wright Momentum & Low Volatility ETF by 2.4% during the 1st quarter. Private Advisory Group LLC now owns 38,041 shares of the company’s stock valued at $1,352,000 after purchasing an additional 903 shares in the last quarter.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Up 1.0%

DVOL stock opened at $34.94 on Friday. The stock’s 50 day moving average is $34.90 and its two-hundred day moving average is $34.88. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 52-week low of $31.30 and a 52-week high of $36.62. The company has a market capitalization of $87.35 million, a PE ratio of 24.91 and a beta of 0.79.

First Trust Dorsey Wright Momentum & Low Volatility ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.0529 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.21 annualized dividend and a yield of 0.6%.

First Trust Dorsey Wright Momentum & Low Volatility ETF Company Profile

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.