First Trust Dorsey Wright Focus 5 ETF $FV Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. trimmed its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 17.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 282,564 shares of the company’s stock after selling 60,618 shares during the quarter. Baird Financial Group Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $21,441,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Washington Trust Advisors Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $35,000. Ameritas Advisory Services LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 40.4% during the second quarter. Ameritas Advisory Services LLC now owns 25,480 shares of the company’s stock valued at $1,933,000 after purchasing an additional 7,333 shares during the last quarter. Compass Financial Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $208,000. Elevation Wealth Management LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the second quarter worth $206,000. Finally, Tudor Financial Inc. lifted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 313.9% in the 2nd quarter. Tudor Financial Inc. now owns 9,755 shares of the company’s stock worth $740,000 after buying an additional 7,398 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $72.09 on Friday. First Trust Dorsey Wright Focus 5 ETF has a one year low of $58.33 and a one year high of $76.08. The company has a 50-day simple moving average of $72.10 and a 200-day simple moving average of $68.93. The firm has a market capitalization of $3.74 billion, a PE ratio of 19.48 and a beta of 1.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.0761 dividend. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%.

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.