First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) to Issue $0.14 Dividend

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) announced a dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.1407 per share on Tuesday, December 31st. The ex-dividend date is Friday, December 13th.

First Trust Dorsey Wright Momentum & Value ETF Stock Performance

DVLU traded down $0.31 during trading on Friday, hitting $30.43. The stock had a trading volume of 2,319 shares, compared to its average volume of 4,486. The firm has a market capitalization of $31.95 million, a P/E ratio of 8.64 and a beta of 1.18. First Trust Dorsey Wright Momentum & Value ETF has a twelve month low of $25.18 and a twelve month high of $33.06. The company’s 50-day moving average price is $31.54 and its 200 day moving average price is $30.01.

About First Trust Dorsey Wright Momentum & Value ETF

The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Value index. The fund tracks an index of 50 large- and mid-cap value stocks exhibiting relative strength. Holdings are weighted by value metrics. DVLU was launched on Sep 5, 2018 and is managed by First Trust.