Cwm LLC Has $16.37 Million Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Cwm LLC lowered its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 280,908 shares of the company’s stock after selling 5,374 shares during the period. Cwm LLC owned approximately 0.43% of First Trust Dorsey Wright Focus 5 ETF worth $16,369,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FV. Able Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at approximately $110,000. Novak & Powell Financial Services Inc. bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the fourth quarter valued at about $849,000. Tortoise Investment Management LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at about $40,000. Creekmur Asset Management LLC acquired a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $36,000. Finally, ICA Group Wealth Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $110,000.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.1 %

Shares of FV opened at $58.72 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $41.05 and a 12 month high of $59.85. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. The company has a 50-day moving average price of $56.03 and a two-hundred day moving average price of $56.18.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.0199 dividend. This is an increase 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. This represents a $0.08 annualized dividend and a yield of 0.14%.

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.