Raymond James Financial Services Advisors Inc. Sells 406 Shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL)

Raymond James Financial Services Advisors Inc. reduced its holdings in First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,677 shares of the company’s stock after selling 406 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 1.04% of First Trust Dorsey Wright Momentum & Low Volatility ETF worth $510,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Baird Financial Group Inc. grew its holdings in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF by 38.2% during the first quarter. Baird Financial Group Inc. now owns 97,862 shares of the company’s stock worth $2,804,000 after buying an additional 27,064 shares in the last quarter. Susquehanna International Group LLP grew its holdings in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF by 27.5% during the first quarter. Susquehanna International Group LLP now owns 47,982 shares of the company’s stock worth $1,226,000 after buying an additional 10,343 shares in the last quarter. LPL Financial LLC grew its holdings in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF by 29.3% during the third quarter. LPL Financial LLC now owns 46,066 shares of the company’s stock worth $1,150,000 after buying an additional 10,438 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF by 179.3% during the second quarter. Citadel Advisors LLC now owns 46,045 shares of the company’s stock worth $1,158,000 after buying an additional 29,561 shares in the last quarter. Finally, Private Advisory Group LLC grew its holdings in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF by 6.9% during the first quarter. Private Advisory Group LLC now owns 29,189 shares of the company’s stock worth $836,000 after buying an additional 1,873 shares in the last quarter.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Up 0.4 %

DVOL stock opened at $29.21 on Friday. The business has a 50 day moving average price of $29.62 and a two-hundred day moving average price of $27.68. The company has a market cap of $46.74 million, a price-to-earnings ratio of 22.72 and a beta of 0.62. First Trust Dorsey Wright Momentum & Low Volatility ETF has a twelve month low of $24.42 and a twelve month high of $30.56.

First Trust Dorsey Wright Momentum & Low Volatility ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.0527 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.21 dividend on an annualized basis and a yield of 0.72%.

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.