NewEdge Advisors LLC Sells 284,591 Shares of First Trust Dorsey Wright International Focus 5 ETF $IFV

NewEdge Advisors LLC trimmed its stake in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFVFree Report) by 54.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 236,221 shares of the company’s stock after selling 284,591 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Dorsey Wright International Focus 5 ETF were worth $5,969,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE raised its holdings in shares of First Trust Dorsey Wright International Focus 5 ETF by 9.4% in the 1st quarter. Bank of America Corp DE now owns 314,659 shares of the company’s stock worth $7,951,000 after purchasing an additional 26,919 shares during the period. Royal Bank of Canada lifted its stake in First Trust Dorsey Wright International Focus 5 ETF by 126.9% in the first quarter. Royal Bank of Canada now owns 28,681 shares of the company’s stock valued at $725,000 after purchasing an additional 16,040 shares during the last quarter. Cetera Investment Advisers grew its holdings in First Trust Dorsey Wright International Focus 5 ETF by 19.5% during the first quarter. Cetera Investment Advisers now owns 71,721 shares of the company’s stock valued at $1,812,000 after purchasing an additional 11,706 shares during the period. D.A. Davidson & CO. bought a new position in First Trust Dorsey Wright International Focus 5 ETF during the first quarter valued at $202,000. Finally, Fifth Third Bancorp purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF in the first quarter worth $73,000.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of NASDAQ IFV opened at $25.34 on Friday. First Trust Dorsey Wright International Focus 5 ETF has a one year low of $22.58 and a one year high of $28.70. The business’s fifty day moving average price is $26.73 and its 200-day moving average price is $26.69. The stock has a market capitalization of $226.79 million, a PE ratio of 13.24 and a beta of 0.75.

First Trust Dorsey Wright International Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.2505 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.00 dividend on an annualized basis and a yield of 4.0%. This is an increase from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.01.

About First Trust Dorsey Wright International Focus 5 ETF

(Free Report)

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.

See Also

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

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