Gateway Wealth Partners LLC Acquires 106,877 Shares of First Trust Dorsey Wright Focus 5 ETF $FV

Gateway Wealth Partners LLC raised its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 99.2% in the first quarter, Holdings Channel reports. The fund owned 214,630 shares of the company’s stock after acquiring an additional 106,877 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $12,972,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Elevated Capital Advisors LLC acquired a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth about $30,000. EPG Wealth Management LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $32,000. TD Capital Management LLC acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF in the 4th quarter valued at approximately $50,000. Laurel Wealth Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth approximately $53,000. Finally, Bartlett & CO. Wealth Management LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the 1st quarter worth approximately $64,000.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $69.41 on Monday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $58.33 and a 52 week high of $76.08. The company’s 50 day moving average price is $72.17 and its two-hundred day moving average price is $67.42. The company has a market capitalization of $3.61 billion, a P/E ratio of 19.48 and a beta of 1.08.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.0761 per share. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 25th.

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.