Harbour Investments Inc. Sells 1,653 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Harbour Investments Inc. lowered its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,405 shares of the company’s stock after selling 1,653 shares during the period. Harbour Investments Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,655,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FV. Sound Income Strategies LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the third quarter valued at $30,000. EverSource Wealth Advisors LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $39,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF in the second quarter valued at about $86,000. Zions Bancorporation N.A. bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth about $86,000. Finally, Register Financial Advisors LLC raised its position in shares of First Trust Dorsey Wright Focus 5 ETF by 11.5% during the second quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock worth $111,000 after acquiring an additional 200 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV stock opened at $60.80 on Thursday. The stock has a market capitalization of $3.93 billion, a PE ratio of 16.50 and a beta of 1.07. The business’s 50 day simple moving average is $58.00 and its 200 day simple moving average is $56.84. First Trust Dorsey Wright Focus 5 ETF has a one year low of $45.34 and a one year high of $61.41.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.0199 per share. The ex-dividend date was Thursday, September 26th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. This represents a $0.08 annualized dividend and a dividend yield of 0.13%.

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.