First Trust Dorsey Wright DALI Equity ETF (DALI) to Distribute Quarterly Dividend of $0.25 on June 30th

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALIGet Free Report) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be paid a dividend of 0.2465 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 1,062.7% increase from First Trust Dorsey Wright DALI Equity ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright DALI Equity ETF Price Performance

NASDAQ:DALI opened at $29.72 on Friday. The firm’s 50 day simple moving average is $30.45 and its 200 day simple moving average is $29.66. First Trust Dorsey Wright DALI Equity ETF has a one year low of $25.90 and a one year high of $31.46. The company has a market cap of $111.45 million, a PE ratio of 20.39 and a beta of 0.73.

Institutional Trading of First Trust Dorsey Wright DALI Equity ETF

Institutional investors have recently modified their holdings of the business. Western Wealth Management LLC bought a new position in First Trust Dorsey Wright DALI Equity ETF during the 1st quarter worth $80,000. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Dorsey Wright DALI Equity ETF in the fourth quarter valued at about $191,000. Stifel Financial Corp acquired a new stake in shares of First Trust Dorsey Wright DALI Equity ETF in the fourth quarter valued at about $251,000. Keel Point LLC raised its position in shares of First Trust Dorsey Wright DALI Equity ETF by 8.7% during the fourth quarter. Keel Point LLC now owns 16,279 shares of the company’s stock worth $468,000 after acquiring an additional 1,303 shares during the last quarter. Finally, Holos Integrated Wealth LLC bought a new position in shares of First Trust Dorsey Wright DALI Equity ETF during the fourth quarter worth about $77,000.

About First Trust Dorsey Wright DALI Equity ETF

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The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure. DALI was launched on May 14, 2018 and is managed by First Trust.

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Dividend History for First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI)

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