8,300 Shares in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Acquired by Citizens Business Bank

Citizens Business Bank bought a new position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 8,300 shares of the company’s stock, valued at approximately $484,000.

Several other large investors have also recently bought and sold shares of FV. Sound Income Strategies LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth $30,000. EverSource Wealth Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the second quarter worth about $39,000. Truvestments Capital LLC purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 3rd quarter worth about $45,000. Zions Bancorporation N.A. purchased a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $86,000. Finally, Prospera Private Wealth LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at about $118,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

FV stock opened at $61.40 on Wednesday. The firm has a market cap of $3.97 billion, a P/E ratio of 16.50 and a beta of 1.07. The firm’s fifty day moving average is $59.79 and its 200 day moving average is $57.57. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $48.37 and a 52 week high of $62.82.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.