First Trust Dorsey Wright Focus 5 ETF $FV Stock Position Reduced by Truist Financial Corp

Truist Financial Corp trimmed its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 7.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,898 shares of the company’s stock after selling 8,082 shares during the period. Truist Financial Corp owned 0.17% of First Trust Dorsey Wright Focus 5 ETF worth $6,097,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% during the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock worth $58,237,000 after buying an additional 96,612 shares during the period. Sard Wealth Management Group LLC raised its stake in First Trust Dorsey Wright Focus 5 ETF by 1.2% during the 4th quarter. Sard Wealth Management Group LLC now owns 470,168 shares of the company’s stock valued at $29,583,000 after purchasing an additional 5,804 shares during the last quarter. Madrona Financial Services LLC boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 1.0% in the 4th quarter. Madrona Financial Services LLC now owns 401,734 shares of the company’s stock valued at $25,277,000 after purchasing an additional 4,130 shares during the period. Geneos Wealth Management Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 250,269 shares of the company’s stock valued at $15,747,000 after purchasing an additional 749 shares during the period. Finally, Concentrum Wealth Management boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 3.1% in the 3rd quarter. Concentrum Wealth Management now owns 170,707 shares of the company’s stock valued at $10,570,000 after purchasing an additional 5,143 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of First Trust Dorsey Wright Focus 5 ETF stock opened at $68.90 on Friday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $55.53 and a fifty-two week high of $69.01. The firm has a fifty day moving average price of $63.29 and a two-hundred day moving average price of $63.55. The company has a market cap of $3.63 billion, a PE ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.0514 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.21 dividend on an annualized basis and a yield of 0.3%.

First Trust Dorsey Wright Focus 5 ETF Company 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.