Truist Financial Corp Sells 8,082 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Truist Financial Corp cut its stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 7.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 96,898 shares of the company’s stock after selling 8,082 shares during the period. Truist Financial Corp’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $6,097,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Benjamin Edwards Inc. boosted its holdings in First Trust Dorsey Wright Focus 5 ETF by 663.4% in the 4th quarter. Benjamin Edwards Inc. now owns 142,054 shares of the company’s stock valued at $8,941,000 after purchasing an additional 123,447 shares during the period. Oppenheimer & Co. Inc. raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 10.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 24,755 shares of the company’s stock valued at $1,558,000 after buying an additional 2,292 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at $53,000. Comerica Bank raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1.6% in the 4th quarter. Comerica Bank now owns 74,904 shares of the company’s stock valued at $4,713,000 after buying an additional 1,160 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 250,269 shares of the company’s stock valued at $15,747,000 after buying an additional 749 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $68.90 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $55.53 and a 52-week high of $69.01. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 19.48 and a beta of 1.08. The firm has a fifty day moving average of $63.29 and a 200-day moving average of $63.55.

First Trust Dorsey Wright Focus 5 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.0514 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.3%.

About First Trust Dorsey Wright Focus 5 ETF

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.