Corient Private Wealth LLC Buys Shares of 64,605 First Trust Dorsey Wright Focus 5 ETF $FV

Corient Private Wealth LLC bought a new position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) in the 4th quarter, HoldingsChannel reports. The fund bought 64,605 shares of the company’s stock, valued at approximately $4,065,000.

A number of other institutional investors have also made changes to their positions in FV. NewEdge Advisors LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 11.4% in the 3rd quarter. NewEdge Advisors LLC now owns 940,514 shares of the company’s stock worth $58,237,000 after acquiring an additional 96,612 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in First Trust Dorsey Wright Focus 5 ETF by 1.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 565,496 shares of the company’s stock worth $35,581,000 after purchasing an additional 8,510 shares in the last quarter. Sard Wealth Management Group LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.2% during the fourth quarter. Sard Wealth Management Group LLC now owns 470,168 shares of the company’s stock worth $29,583,000 after buying an additional 5,804 shares during the period. Madrona Financial Services LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.0% in the fourth quarter. Madrona Financial Services LLC now owns 401,734 shares of the company’s stock valued at $25,277,000 after buying an additional 4,130 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 25.2% during the fourth quarter. Private Advisor Group LLC now owns 281,906 shares of the company’s stock worth $17,737,000 after purchasing an additional 56,698 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV opened at $73.23 on Friday. The company’s 50-day simple moving average is $70.18 and its 200-day simple moving average is $66.16. First Trust Dorsey Wright Focus 5 ETF has a 1 year low of $58.33 and a 1 year high of $74.61. The stock has a market capitalization of $3.86 billion, a PE ratio of 19.48 and a beta of 1.09.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

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

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.