First Citizens Bank & Trust Co. Sells 368 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

First Citizens Bank & Trust Co. decreased its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,700 shares of the company’s stock after selling 368 shares during the period. First Citizens Bank & Trust Co.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $587,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FV. LPL Financial LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 4,465,129 shares of the company’s stock valued at $263,711,000 after purchasing an additional 277,315 shares in the last quarter. Commonwealth Equity Services LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 1.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,849,421 shares of the company’s stock valued at $168,287,000 after purchasing an additional 36,184 shares in the last quarter. Raymond James Financial Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at $157,260,000. Bank of America Corp DE grew its position in First Trust Dorsey Wright Focus 5 ETF by 0.6% in the fourth quarter. Bank of America Corp DE now owns 1,674,187 shares of the company’s stock valued at $98,878,000 after purchasing an additional 9,409 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in First Trust Dorsey Wright Focus 5 ETF by 2.5% in the fourth quarter. NewEdge Advisors LLC now owns 1,017,458 shares of the company’s stock valued at $60,091,000 after purchasing an additional 24,439 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.3%

First Trust Dorsey Wright Focus 5 ETF stock opened at $58.17 on Wednesday. The company has a market cap of $3.61 billion, a P/E ratio of 19.48 and a beta of 1.10. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $47.04 and a 1-year high of $63.09. The company has a fifty day simple moving average of $54.88 and a 200 day simple moving average of $58.04.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.0618 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.25 dividend on an annualized basis and a yield of 0.42%. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

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.