Onyx Bridge Wealth Group LLC Trims Stock Holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Onyx Bridge Wealth Group LLC trimmed its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 45.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,468 shares of the company’s stock after selling 6,312 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $385,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC grew its stake in First Trust Dorsey Wright Focus 5 ETF by 3.2% in the third quarter. LPL Financial LLC now owns 4,237,786 shares of the company’s stock worth $187,734,000 after purchasing an additional 130,520 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 27.7% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 63,753 shares of the company’s stock valued at $2,824,000 after acquiring an additional 13,827 shares in the last quarter. HFG Advisors Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 0.9% during the 4th quarter. HFG Advisors Inc. now owns 150,651 shares of the company’s stock valued at $7,766,000 after acquiring an additional 1,292 shares in the last quarter. Citigroup Inc. boosted its position in First Trust Dorsey Wright Focus 5 ETF by 3.5% during the 3rd quarter. Citigroup Inc. now owns 111,648 shares of the company’s stock valued at $4,946,000 after acquiring an additional 3,794 shares in the last quarter. Finally, Daymark Wealth Partners LLC boosted its position in First Trust Dorsey Wright Focus 5 ETF by 21.8% during the 4th quarter. Daymark Wealth Partners LLC now owns 96,307 shares of the company’s stock valued at $4,965,000 after acquiring an additional 17,230 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

NASDAQ FV traded down $0.79 during midday trading on Friday, hitting $52.41. 170,778 shares of the company traded hands, compared to its average volume of 136,717. The company has a market cap of $3.48 billion, a PE ratio of 14.01 and a beta of 1.07. The company’s 50-day simple moving average is $55.54 and its 200-day simple moving average is $50.69. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $41.05 and a 52 week high of $57.62.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.007 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.03 annualized dividend and a yield of 0.05%.

First Trust Dorsey Wright Focus 5 ETF 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.