First Trust Dorsey Wright DALI Equity ETF (DALI) to Issue Quarterly Dividend of $0.15 on September 30th

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI – Get Free Report) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of $0.1465 per share on Wednesday, September 30th. This represents a $0.59 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, September 24th. This is a 40.6% decrease from First Trust Dorsey Wright DALI Equity ETF’s previous quarterly dividend of $0.2465.

First Trust Dorsey Wright DALI Equity ETF Stock Performance

NASDAQ DALI opened at $28.51 on Friday. First Trust Dorsey Wright DALI Equity ETF has a twelve month low of $26.65 and a twelve month high of $31.46. The stock has a market capitalization of $98.36 million, a PE ratio of 20.39 and a beta of 0.74. The stock has a 50-day simple moving average of $28.97 and a 200 day simple moving average of $29.34.

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Institutional Investors Weigh In On First Trust Dorsey Wright DALI Equity ETF

An institutional investor recently bought a new position in First Trust Dorsey Wright DALI Equity ETF stock. Western Wealth Management LLC bought a new position in First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,871 shares of the company’s stock, valued at approximately $80,000. Western Wealth Management LLC owned 0.08% of First Trust Dorsey Wright DALI Equity ETF at the end of the most recent reporting period.

First Trust Dorsey Wright DALI Equity ETF Company Profile

(Get Free Report)

The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure. DALI was launched on May 14, 2018 and is managed by First Trust.

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