Garden State Investment Advisory Services LLC Has $2.09 Million Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Garden State Investment Advisory Services LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,845 shares of the company’s stock after buying an additional 724 shares during the quarter. Garden State Investment Advisory Services LLC owned about 0.06% of First Trust Dorsey Wright Focus 5 ETF worth $2,089,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Citizens Bank & Trust Co. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 1.8% during the third quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock worth $593,000 after acquiring an additional 178 shares in the last quarter. Simplicity Wealth LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 2.6% during the 3rd quarter. Simplicity Wealth LLC now owns 7,649 shares of the company’s stock worth $446,000 after buying an additional 191 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,450 shares of the company’s stock valued at $551,000 after buying an additional 204 shares during the period. Assetmark Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 6.2% in the third quarter. Assetmark Inc. now owns 3,828 shares of the company’s stock valued at $223,000 after acquiring an additional 224 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 35,139 shares of the company’s stock worth $2,012,000 after purchasing an additional 300 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV traded up $0.26 during mid-day trading on Friday, hitting $62.03. The stock had a trading volume of 13,841 shares, compared to its average volume of 113,005. First Trust Dorsey Wright Focus 5 ETF has a 1-year low of $49.19 and a 1-year high of $62.82. The stock’s fifty day simple moving average is $59.97 and its 200-day simple moving average is $57.64. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors 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 yield of 0.13%.

First Trust Dorsey Wright Focus 5 ETF Profile

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.