Harbour Investments Inc. Sells 1,653 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Harbour Investments Inc. trimmed its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,405 shares of the company’s stock after selling 1,653 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,655,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. International Assets Investment Management LLC lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 7,073.1% during 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 last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 311.9% during the 1st quarter. Cetera Investment Advisers now owns 535,013 shares of the company’s stock valued at $30,619,000 after buying an additional 405,129 shares in the last quarter. Sanctuary Advisors LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth approximately $4,073,000. ORG Partners LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $3,536,000. Finally, Raymond James & Associates raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.9% during the 3rd quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock valued at $97,443,000 after acquiring an additional 47,375 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ:FV opened at $60.80 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $45.34 and a 1 year high of $61.41. The stock’s fifty day moving average price is $58.00 and its two-hundred day moving average price is $56.84. The company has a market cap of $3.93 billion, a P/E ratio of 16.50 and a beta of 1.07.

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. The ex-dividend date was Thursday, September 26th. This represents a $0.08 annualized dividend and a yield of 0.13%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright Focus 5 ETF 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.