Chicago Partners Investment Group LLC Takes $233,000 Position in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Chicago Partners Investment Group LLC bought a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 6,717 shares of the company’s stock, valued at approximately $233,000. Chicago Partners Investment Group LLC owned approximately 0.18% of First Trust Dorsey Wright Dynamic Focus 5 ETF as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Cetera Investment Advisers grew its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 14.0% during the 1st quarter. Cetera Investment Advisers now owns 8,744 shares of the company’s stock valued at $308,000 after buying an additional 1,075 shares during the last quarter. World Equity Group Inc. grew its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 40.4% during the 1st quarter. World Equity Group Inc. now owns 18,792 shares of the company’s stock valued at $668,000 after buying an additional 5,407 shares during the last quarter. Harvest Investment Services LLC bought a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter valued at about $721,000. Finally, Raymond James Financial Inc. bought a new stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 4th quarter valued at about $3,952,000.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Up 0.5%

Shares of NASDAQ:FVC opened at $35.89 on Wednesday. First Trust Dorsey Wright Dynamic Focus 5 ETF has a fifty-two week low of $31.90 and a fifty-two week high of $39.21. The firm has a 50-day simple moving average of $35.55 and a 200 day simple moving average of $35.58. The company has a market cap of $114.85 million, a PE ratio of 19.13 and a beta of 0.80.

First Trust Dorsey Wright Dynamic Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a $0.2677 dividend. This is a positive change from First Trust Dorsey Wright Dynamic Focus 5 ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, June 26th. This represents a $1.07 annualized dividend and a yield of 3.0%.

First Trust Dorsey Wright Dynamic Focus 5 ETF Profile

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum.