First Trust Dorsey Wright DALI Equity ETF $DALI Shares Newly Purchased by Strid Group LLC

Strid Group LLC purchased a new stake in shares of First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,903,600 shares of the company’s stock, valued at approximately $82,071,000. First Trust Dorsey Wright DALI Equity ETF comprises 8.9% of Strid Group LLC’s investment portfolio, making the stock its 4th largest position. Strid Group LLC owned approximately 84.16% of First Trust Dorsey Wright DALI Equity ETF as of its most recent SEC filing.

Separately, Western Wealth Management LLC purchased a new stake in shares of First Trust Dorsey Wright DALI Equity ETF in the first quarter worth approximately $80,000.

First Trust Dorsey Wright DALI Equity ETF Stock Down 1.2%

DALI stock opened at $26.99 on Friday. The firm has a market capitalization of $93.12 million, a PE ratio of 20.39 and a beta of 0.74. 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’s 50 day moving average is $28.47 and its 200-day moving average is $29.25.

First Trust Dorsey Wright DALI Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a dividend of $0.1465 per share. This represents a $0.59 annualized dividend and a yield of 2.2%. This is a decrease from First Trust Dorsey Wright DALI Equity ETF’s previous quarterly dividend of $0.2465. The ex-dividend date was Thursday, September 24th.

About First Trust Dorsey Wright DALI Equity ETF

(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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Institutional Ownership by Quarter for First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI)

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