First Trust Dorsey Wright Focus 5 ETF $FV Stock Position Lifted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 149,665 shares of the company’s stock after buying an additional 10,590 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.27% of First Trust Dorsey Wright Focus 5 ETF worth $9,417,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. IFG Advisory LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 10.6% in the 4th quarter. IFG Advisory LLC now owns 43,877 shares of the company’s stock worth $2,761,000 after purchasing an additional 4,207 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 31,357 shares of the company’s stock worth $1,973,000 after purchasing an additional 641 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 7.8% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 13,588 shares of the company’s stock worth $855,000 after purchasing an additional 980 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 19.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 39,482 shares of the company’s stock worth $2,484,000 after purchasing an additional 6,498 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 1.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 565,496 shares of the company’s stock worth $35,581,000 after purchasing an additional 8,510 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of NASDAQ FV opened at $72.45 on Wednesday. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $57.00 and a 12-month high of $73.29. The stock’s 50 day simple moving average is $65.90 and its 200 day simple moving average is $64.62.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0514 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.21 annualized dividend and a dividend yield of 0.3%.

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.