Lincoln National Corp Raises Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Lincoln National Corp lifted its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 19,606 shares of the company’s stock after buying an additional 988 shares during the quarter. Lincoln National Corp’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,011,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FV. Moisand Fitzgerald Tamayo LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth approximately $41,000. Huntington National Bank lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 5,028.6% during the 3rd quarter. Huntington National Bank now owns 1,077 shares of the company’s stock valued at $48,000 after acquiring an additional 1,056 shares during the period. Twin Lakes Capital Management LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at approximately $57,000. GAMMA Investing LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at approximately $92,000. Finally, Chicago Partners Investment Group LLC acquired a new stake in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter valued at approximately $202,000.

First Trust Dorsey Wright Focus 5 ETF Trading Up 0.2 %

Shares of NASDAQ FV opened at $55.41 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $41.05 and a 12 month high of $57.62. The company has a 50 day simple moving average of $55.53 and a two-hundred day simple moving average of $51.70. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.007 dividend. This represents a $0.03 annualized dividend and a yield of 0.05%. The ex-dividend date of this dividend was Thursday, March 21st.

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.