First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) Stock Holdings Lifted by LPL Financial LLC

LPL Financial LLC increased its holdings in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) by 9.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,922 shares of the company’s stock after acquiring an additional 3,371 shares during the quarter. LPL Financial LLC’s holdings in First Trust Dorsey Wright Momentum & Low Volatility ETF were worth $1,353,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Concurrent Investment Advisors LLC grew its position in First Trust Dorsey Wright Momentum & Low Volatility ETF by 4.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 8,155 shares of the company’s stock worth $276,000 after purchasing an additional 349 shares during the last quarter. Farther Finance Advisors LLC bought a new position in First Trust Dorsey Wright Momentum & Low Volatility ETF in the 4th quarter worth approximately $35,000. Private Trust Co. NA acquired a new stake in First Trust Dorsey Wright Momentum & Low Volatility ETF in the 4th quarter valued at approximately $223,000. Global Retirement Partners LLC bought a new stake in First Trust Dorsey Wright Momentum & Low Volatility ETF during the 4th quarter valued at $233,000. Finally, Raymond James Financial Inc. acquired a new position in First Trust Dorsey Wright Momentum & Low Volatility ETF during the 4th quarter worth $5,011,000.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Performance

Shares of DVOL opened at $34.27 on Friday. First Trust Dorsey Wright Momentum & Low Volatility ETF has a one year low of $29.05 and a one year high of $36.62. The stock’s fifty day moving average is $34.82 and its 200-day moving average is $34.79. The firm has a market capitalization of $61.69 million, a price-to-earnings ratio of 22.32 and a beta of 0.80.

First Trust Dorsey Wright Momentum & Low Volatility ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.0869 dividend. This represents a $0.35 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from First Trust Dorsey Wright Momentum & Low Volatility ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright Momentum & Low Volatility ETF Company Profile

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.