Waterfront Wealth Inc. Acquires 504 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Waterfront Wealth Inc. lifted its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 31,424 shares of the company’s stock after purchasing an additional 504 shares during the period. Waterfront Wealth Inc. owned 0.05% of First Trust Dorsey Wright Focus 5 ETF worth $1,862,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. US Bancorp DE increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 10.3% in the second quarter. US Bancorp DE now owns 25,175 shares of the company’s stock worth $1,495,000 after purchasing an additional 2,349 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.0% in the first quarter. Envestnet Asset Management Inc. now owns 360,549 shares of the company’s stock worth $19,780,000 after purchasing an additional 7,173 shares during the period. Citigroup Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 3.1% in the first quarter. Citigroup Inc. now owns 119,276 shares of the company’s stock worth $6,544,000 after purchasing an additional 3,571 shares during the period. Koshinski Asset Management Inc. increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 4.8% in the first quarter. Koshinski Asset Management Inc. now owns 10,534 shares of the company’s stock worth $578,000 after purchasing an additional 484 shares during the period. Finally, CW Advisors LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 2.4% in the first quarter. CW Advisors LLC now owns 8,434 shares of the company’s stock worth $463,000 after purchasing an additional 200 shares during the period.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.5%

FV stock opened at $62.44 on Wednesday. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $47.04 and a twelve month high of $63.09. The company has a market cap of $3.69 billion, a PE ratio of 19.48 and a beta of 1.08. The business’s 50-day simple moving average is $61.76 and its 200 day simple moving average is $59.19.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.101 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Thursday, September 25th.

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.