Nations Financial Group Inc. IA ADV Boosts Stock Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Nations Financial Group Inc. IA ADV increased its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 9,450 shares of the company’s stock after buying an additional 204 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $551,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the third quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock valued at $593,000 after buying an additional 178 shares in the last quarter. Simplicity Wealth LLC increased its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.6% in the 3rd quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock worth $446,000 after acquiring an additional 191 shares in the last quarter. Register Financial Advisors LLC raised its position in First Trust Dorsey Wright Focus 5 ETF by 11.5% during the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock worth $111,000 after acquiring an additional 200 shares during the period. Assetmark Inc. lifted its holdings in First Trust Dorsey Wright Focus 5 ETF by 6.2% during the third quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock valued at $223,000 after purchasing an additional 224 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 35,139 shares of the company’s stock valued at $2,012,000 after purchasing an additional 300 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.1 %

FV stock opened at $60.80 on Thursday. The stock has a market capitalization of $3.93 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $45.34 and a 52 week high of $61.41. The firm has a 50-day simple moving average of $58.00 and a 200-day simple moving average of $56.84.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0199 per share. 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 was Thursday, September 26th.

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.