Independent Financial Group LLC Buys New Position in First Trust Dorsey Wright Focus 5 ETF $FV

Independent Financial Group LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 27,823 shares of the company’s stock, valued at approximately $1,682,000. Independent Financial Group LLC owned 0.05% of First Trust Dorsey Wright Focus 5 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the business. NewEdge Advisors LLC boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% in the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock valued at $58,237,000 after buying an additional 96,612 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 565,496 shares of the company’s stock valued at $35,581,000 after acquiring an additional 8,510 shares in the last quarter. Sard Wealth Management Group LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.2% in the fourth quarter. Sard Wealth Management Group LLC now owns 470,168 shares of the company’s stock valued at $29,583,000 after acquiring an additional 5,804 shares in the last quarter. Madrona Financial Services LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 1.0% in the fourth quarter. Madrona Financial Services LLC now owns 401,734 shares of the company’s stock worth $25,277,000 after acquiring an additional 4,130 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 9.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 400,464 shares of the company’s stock worth $25,197,000 after acquiring an additional 33,646 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.1%

NASDAQ FV opened at $69.60 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $58.33 and a 52 week high of $76.08. The stock has a market capitalization of $3.62 billion, a PE ratio of 19.48 and a beta of 1.08. The firm has a 50 day moving average of $72.13 and a two-hundred day moving average of $67.19.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.0761 per share. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.30 annualized dividend and a dividend yield of 0.4%.

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.