NewEdge Advisors LLC Cuts Holdings in First Trust Dorsey Wright International Focus 5 ETF $IFV

NewEdge Advisors LLC trimmed its position in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) by 54.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 236,221 shares of the company’s stock after selling 284,591 shares during the period. NewEdge Advisors LLC owned about 2.64% of First Trust Dorsey Wright International Focus 5 ETF worth $5,969,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the 3rd quarter worth approximately $30,000. Fifth Third Bancorp purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the 1st quarter worth approximately $73,000. Aptus Capital Advisors LLC grew its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 4,435.6% in the fourth quarter. Aptus Capital Advisors LLC now owns 4,082 shares of the company’s stock valued at $101,000 after acquiring an additional 3,992 shares in the last quarter. D.A. Davidson & CO. bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the first quarter valued at approximately $202,000. Finally, Quadrant Capital Group LLC bought a new position in shares of First Trust Dorsey Wright International Focus 5 ETF in the fourth quarter valued at approximately $205,000.

First Trust Dorsey Wright International Focus 5 ETF Trading Up 2.7%

Shares of IFV opened at $25.34 on Friday. The stock has a 50 day moving average of $26.73 and a 200 day moving average of $26.69. The company has a market capitalization of $226.79 million, a price-to-earnings ratio of 13.24 and a beta of 0.75. First Trust Dorsey Wright International Focus 5 ETF has a 12 month low of $22.58 and a 12 month high of $28.70.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.2505 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.00 annualized dividend and a dividend yield of 4.0%. This is a boost from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01.

About First Trust Dorsey Wright International Focus 5 ETF

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.