Daymark Wealth Partners LLC Lowers Stake in First Trust Dorsey Wright Focus 5 ETF $FV

Daymark Wealth Partners LLC reduced its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 58.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,270 shares of the company’s stock after selling 77,495 shares during the quarter. Daymark Wealth Partners LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $3,216,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Waterfront Wealth Inc. boosted its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.6% during the 2nd quarter. Waterfront Wealth Inc. now owns 31,424 shares of the company’s stock worth $1,862,000 after acquiring an additional 504 shares in the last quarter. GGM Financials LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $336,000. Topsail Wealth Management LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 22.2% in the 2nd quarter. Topsail Wealth Management LLC now owns 15,109 shares of the company’s stock valued at $895,000 after buying an additional 2,742 shares in the last quarter. Brookstone Capital Management purchased a new position in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $222,000. Finally, Signature Estate & Investment Advisors LLC lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 15.4% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 15,366 shares of the company’s stock valued at $911,000 after buying an additional 2,052 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 0.9%

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $61.88 on Thursday. The firm has a market capitalization of $3.66 billion, a PE ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $63.09. The firm’s 50-day moving average price is $61.78 and its 200 day moving average price is $59.26.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.101 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.40 dividend on an annualized basis and a yield of 0.7%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10.

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.