Waterfront Wealth Inc. Purchases 549 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Waterfront Wealth Inc. boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,684 shares of the company’s stock after acquiring an additional 549 shares during the quarter. Waterfront Wealth Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,736,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FV. International Assets Investment Management LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter worth about $30,295,000. Morgan Stanley grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 8,374,594 shares of the company’s stock valued at $389,837,000 after purchasing an additional 584,185 shares during the last quarter. MinichMacGregor Wealth Management LLC increased its stake in shares of First Trust Dorsey Wright Focus 5 ETF by 1,628.9% during the third quarter. MinichMacGregor Wealth Management LLC now owns 245,800 shares of the company’s stock worth $10,889,000 after purchasing an additional 231,583 shares during the period. Madrona Financial Services LLC boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 72.8% in the 3rd quarter. Madrona Financial Services LLC now owns 431,645 shares of the company’s stock valued at $19,122,000 after purchasing an additional 181,846 shares during the period. Finally, UBS Group AG lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 13.8% during the first quarter. UBS Group AG now owns 1,279,544 shares of the company’s stock worth $60,970,000 after buying an additional 155,514 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.4 %

Shares of NASDAQ:FV traded down $0.75 on Wednesday, reaching $53.48. 72,935 shares of the company’s stock were exchanged, compared to its average volume of 136,975. First Trust Dorsey Wright Focus 5 ETF has a twelve month low of $41.05 and a twelve month high of $57.62. The company has a fifty day moving average of $55.60 and a 200-day moving average of $50.62. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 14.01 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors 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 dividend yield of 0.05%.

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.