Kingswood Wealth Advisors LLC Invests $798,000 in First Trust Dorsey Wright Focus 5 ETF $FV

Kingswood Wealth Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,880 shares of the company’s stock, valued at approximately $798,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Signature Wealth Management Partners LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF in the third quarter worth about $206,000. Geneos Wealth Management Inc. boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 249,520 shares of the company’s stock valued at $15,450,000 after buying an additional 2,452 shares in the last quarter. Madrona Financial Services LLC grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% in the 3rd quarter. Madrona Financial Services LLC now owns 397,604 shares of the company’s stock worth $24,620,000 after buying an additional 8,004 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 3rd quarter. D.A. Davidson & CO. now owns 427,837 shares of the company’s stock worth $26,492,000 after buying an additional 1,352 shares during the last quarter. Finally, Daymark Wealth Partners LLC raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 54.5% during the 3rd quarter. Daymark Wealth Partners LLC now owns 83,825 shares of the company’s stock worth $5,190,000 after acquiring an additional 29,555 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.3%

NASDAQ:FV opened at $66.26 on Friday. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $47.04 and a 52 week high of $66.38. The firm has a 50 day moving average of $62.38 and a 200 day moving average of $61.54.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.1355 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change 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.