Sigma Planning Corp Acquires 3,493 Shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Posted by on Aug 14th, 2023

Sigma Planning Corp lifted its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Free Report) by 54.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,945 shares of the company’s stock after buying an additional 3,493 shares during the period. Sigma Planning Corp owned approximately 0.13% of First Trust Dorsey Wright Dynamic Focus 5 ETF worth $328,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Raymond James Financial Services Advisors Inc. increased its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 1.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 129,769 shares of the company’s stock valued at $4,280,000 after purchasing an additional 1,873 shares during the last quarter. Total Clarity Wealth Management Inc. purchased a new stake in First Trust Dorsey Wright Dynamic Focus 5 ETF in the first quarter worth about $654,000. Prospera Financial Services Inc raised its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 4.7% in the fourth quarter. Prospera Financial Services Inc now owns 132,189 shares of the company’s stock worth $4,629,000 after buying an additional 5,920 shares during the period. UBS Group AG lifted its position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 1.4% during the 4th quarter. UBS Group AG now owns 628,049 shares of the company’s stock valued at $21,994,000 after buying an additional 8,466 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 29.3% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 43,044 shares of the company’s stock valued at $1,507,000 after acquiring an additional 9,745 shares during the period.

First Trust Dorsey Wright Dynamic Focus 5 ETF Price Performance

Shares of NASDAQ:FVC opened at $33.09 on Monday. The firm’s 50 day simple moving average is $33.63 and its two-hundred day simple moving average is $32.87. The company has a market capitalization of $243.21 million, a P/E ratio of 13.59 and a beta of 0.80. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 1-year low of $30.12 and a 1-year high of $36.83.

First Trust Dorsey Wright Dynamic Focus 5 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, June 28th were paid a $0.157 dividend. This represents a $0.63 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend was Tuesday, June 27th. This is a positive change from First Trust Dorsey Wright Dynamic Focus 5 ETF’s previous quarterly dividend of $0.15.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

(Free Report)

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum.

See Also

Institutional Ownership by Quarter for First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

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