Brown Advisory Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,800 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. NEXT Financial Group Inc purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth about $223,000. Truepoint Inc. grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3,384.0% during the 2nd quarter. Truepoint Inc. now owns 9,372 shares of the company’s stock worth $276,000 after purchasing an additional 9,103 shares during the period. Blackhawk Capital Partners LLC. grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 33.8% during the 2nd quarter. Blackhawk Capital Partners LLC. now owns 10,945 shares of the company’s stock worth $322,000 after purchasing an additional 2,765 shares during the period. CIBC World Markets Inc. purchased a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth about $372,000. Finally, Creative Planning grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 18.0% during the 2nd quarter. Creative Planning now owns 13,587 shares of the company’s stock worth $400,000 after purchasing an additional 2,074 shares during the period.

Shares of NASDAQ:FV opened at $31.39 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $25.53 and a 1 year high of $31.80.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Monday, September 17th will be issued a dividend of $0.0235 per share. The ex-dividend date is Friday, September 14th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.30%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.00.

Further Reading: What is a Leveraged Buyout (LBO)?

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Institutional Ownership by Quarter for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

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