Saxony Capital Management LLC Has $259,000 Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Saxony Capital Management LLC lessened its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 19.2% during the third quarter, HoldingsChannel.com reports. The firm owned 4,447 shares of the company’s stock after selling 1,060 shares during the quarter. Saxony Capital Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $259,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in FV. Raymond James & Associates raised its holdings in First Trust Dorsey Wright Focus 5 ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock valued at $97,443,000 after acquiring an additional 47,375 shares in the last quarter. First Citizens Bank & Trust Co. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.8% in the third quarter. First Citizens Bank & Trust Co. now owns 10,178 shares of the company’s stock worth $593,000 after purchasing an additional 178 shares during the period. Stratos Wealth Partners LTD. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 8.8% in the third quarter. Stratos Wealth Partners LTD. now owns 170,511 shares of the company’s stock valued at $9,936,000 after purchasing an additional 13,840 shares in the last quarter. Madrona Financial Services LLC lifted its position in First Trust Dorsey Wright Focus 5 ETF by 5.0% during the third quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock worth $29,824,000 after purchasing an additional 24,263 shares during the period. Finally, Global Retirement Partners LLC grew its stake in First Trust Dorsey Wright Focus 5 ETF by 20.7% during the third quarter. Global Retirement Partners LLC now owns 15,530 shares of the company’s stock worth $905,000 after buying an additional 2,664 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.5 %

NASDAQ FV opened at $58.58 on Wednesday. The firm’s 50 day simple moving average is $57.05 and its 200 day simple moving average is $56.31. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $41.05 and a 1 year high of $60.06.

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 issued a dividend of $0.0199 per share. The ex-dividend date was Thursday, September 26th. This is a positive change 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 0.14%.

First Trust Dorsey Wright Focus 5 ETF Company 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.