First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Bought by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC grew its stake in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 22.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,861 shares of the company’s stock after purchasing an additional 2,731 shares during the quarter. Trueblood Wealth Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $878,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FV. Cascade Investment Group Inc. grew its position in shares of First Trust Dorsey Wright Focus 5 ETF by 1.1% during the fourth quarter. Cascade Investment Group Inc. now owns 17,535 shares of the company’s stock worth $1,036,000 after acquiring an additional 192 shares during the last quarter. Grove Bank & Trust bought a new position in First Trust Dorsey Wright Focus 5 ETF in the 4th quarter worth about $30,000. Wealthcare Advisory Partners LLC raised its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 12.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,087 shares of the company’s stock valued at $419,000 after buying an additional 812 shares during the last quarter. Armstrong Advisory Group Inc. bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter valued at approximately $176,000. Finally, Dale Q Rice Investment Management Ltd acquired a new position in shares of First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth approximately $571,000.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV opened at $61.08 on Monday. The stock’s 50 day moving average price is $60.52 and its 200 day moving average price is $58.23. The stock has a market cap of $3.94 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $49.73 and a 12 month high of $62.82.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0386 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Dorsey Wright Focus 5 ETF Profile

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.