Harbour Investments Inc. Has $1.66 Million Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Harbour Investments Inc. lessened its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 5.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,405 shares of the company’s stock after selling 1,653 shares during the period. Harbour Investments Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,655,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in FV. Sound Income Strategies LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the 3rd quarter worth $30,000. EverSource Wealth Advisors LLC purchased a new position in First Trust Dorsey Wright Focus 5 ETF during the second quarter worth about $39,000. Zions Bancorporation N.A. bought a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter worth about $86,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust Dorsey Wright Focus 5 ETF in the 2nd quarter valued at about $86,000. Finally, Register Financial Advisors LLC increased its stake in First Trust Dorsey Wright Focus 5 ETF by 11.5% in the 2nd quarter. Register Financial Advisors LLC now owns 1,936 shares of the company’s stock valued at $111,000 after buying an additional 200 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Down 0.1 %

Shares of NASDAQ FV opened at $60.80 on Thursday. The company has a market capitalization of $3.93 billion, a PE ratio of 16.50 and a beta of 1.07. The stock’s 50 day moving average price is $58.00 and its 200-day moving average price is $56.84. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $45.34 and a twelve month high of $61.41.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.0199 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.08 annualized dividend and a yield of 0.13%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

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.