17,718 Shares in First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in shares of First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 17,718 shares of the company’s stock, valued at approximately $457,000.

Separately, LPL Financial LLC grew its holdings in shares of First Trust Dorsey Wright DALI Equity ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 86,262 shares of the company’s stock valued at $2,226,000 after buying an additional 1,545 shares during the last quarter.

First Trust Dorsey Wright DALI Equity ETF Stock Performance

DALI stock opened at $24.55 on Friday. The business has a 50-day simple moving average of $23.64 and a two-hundred day simple moving average of $25.51. The company has a market capitalization of $104.34 million, a P/E ratio of 19.13 and a beta of 0.75. First Trust Dorsey Wright DALI Equity ETF has a 52-week low of $20.82 and a 52-week high of $27.65.

First Trust Dorsey Wright DALI Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.0136 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.22%.

First Trust Dorsey Wright DALI Equity ETF Profile

The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure.