Thoroughbred Financial Services LLC Buys 262 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Thoroughbred Financial Services LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,874 shares of the company’s stock after buying an additional 262 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $583,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Benjamin Edwards Inc. increased its stake in First Trust Dorsey Wright Focus 5 ETF by 5,608.3% in 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 last quarter. Garden State Investment Advisory Services LLC increased its position in First Trust Dorsey Wright Focus 5 ETF by 2.1% in the third quarter. Garden State Investment Advisory Services LLC now owns 35,845 shares of the company’s stock worth $2,089,000 after purchasing an additional 724 shares during the last quarter. Wealthcare Advisory Partners LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 12.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,087 shares of the company’s stock valued at $419,000 after purchasing an additional 812 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in First Trust Dorsey Wright Focus 5 ETF by 136.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 20,683 shares of the company’s stock valued at $1,222,000 after purchasing an additional 11,925 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 6.6% in the 4th quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock worth $263,711,000 after buying an additional 277,315 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 5.7 %

Shares of NASDAQ FV opened at $49.62 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $49.28 and a 12-month high of $63.09. The firm’s 50-day moving average price is $58.60 and its 200-day moving average price is $59.36. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 18.97 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.0618 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.25 dividend on an annualized basis and a yield of 0.50%.

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.