Ausdal Financial Partners Inc. Buys 1,351 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Ausdal Financial Partners Inc. raised its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 20.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,999 shares of the company’s stock after buying an additional 1,351 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $472,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FV. Crews Bank & Trust purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth $27,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter worth about $29,000. Grove Bank & Trust acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at about $30,000. Truvestments Capital LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter valued at approximately $45,000. Finally, Synergy Asset Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $50,000.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.4 %

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $56.15 on Friday. The firm’s 50 day simple moving average is $59.56 and its two-hundred day simple moving average is $59.39. The firm has a market capitalization of $3.62 billion, a price-to-earnings ratio of 18.97 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $49.73 and a 12-month high of $63.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.0618 dividend. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date is Thursday, March 27th. This represents a $0.25 dividend on an annualized basis and a yield of 0.44%.

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.