Garden State Investment Advisory Services LLC Buys 724 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Garden State Investment Advisory Services LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.1% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 35,845 shares of the company’s stock after purchasing an additional 724 shares during the period. Garden State Investment Advisory Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,089,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FV. Benjamin Edwards Inc. increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 5,608.3% during the 3rd quarter. Benjamin Edwards Inc. now owns 20,607 shares of the company’s stock worth $1,201,000 after acquiring an additional 20,246 shares during the period. FMR LLC increased its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3.3% in the third quarter. FMR LLC now owns 13,734 shares of the company’s stock worth $800,000 after purchasing an additional 438 shares during the period. Truvestments Capital LLC purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the third quarter worth $45,000. Fisher Asset Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at $264,000. Finally, Kingsview Wealth Management LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 35.1% during the third quarter. Kingsview Wealth Management LLC now owns 10,194 shares of the company’s stock worth $594,000 after buying an additional 2,647 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Up 0.8 %

Shares of NASDAQ FV opened at $61.46 on Monday. The firm has a market capitalization of $3.98 billion, a P/E ratio of 16.50 and a beta of 1.07. The stock’s 50-day simple moving average is $59.22 and its two-hundred day simple moving average is $57.31. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $46.94 and a twelve month high of $62.32.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.0199 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.13%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust Dorsey Wright Focus 5 ETF

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.