First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. decreased its holdings in First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV – Get Rating) by 3.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 50,851 shares of the company’s stock after selling 1,961 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in First Trust Dorsey Wright Momentum & Dividend ETF were worth $1,369,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Private Trust Co. NA purchased a new stake in First Trust Dorsey Wright Momentum & Dividend ETF during the 2nd quarter worth about $1,085,000. Goldman Sachs Group Inc. purchased a new stake in shares of First Trust Dorsey Wright Momentum & Dividend ETF during the second quarter worth approximately $597,000. Citadel Advisors LLC purchased a new stake in shares of First Trust Dorsey Wright Momentum & Dividend ETF during the second quarter worth approximately $232,000. LPL Financial LLC lifted its stake in First Trust Dorsey Wright Momentum & Dividend ETF by 14.5% in the second quarter. LPL Financial LLC now owns 248,610 shares of the company’s stock worth $7,237,000 after acquiring an additional 31,568 shares during the last quarter. Finally, Insight Advisors LLC PA grew its holdings in First Trust Dorsey Wright Momentum & Dividend ETF by 67.7% during the 2nd quarter. Insight Advisors LLC PA now owns 18,180 shares of the company’s stock worth $557,000 after acquiring an additional 7,341 shares in the last quarter.

First Trust Dorsey Wright Momentum & Dividend ETF Price Performance

Shares of NASDAQ:DDIV opened at $29.18 on Friday. First Trust Dorsey Wright Momentum & Dividend ETF has a 52 week low of $26.74 and a 52 week high of $34.66. The company’s 50 day moving average is $29.52 and its two-hundred day moving average is $29.67.

First Trust Dorsey Wright Momentum & Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Tuesday, December 27th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend was Friday, December 23rd. This is a positive change from First Trust Dorsey Wright Momentum & Dividend ETF’s previous quarterly dividend of $0.23.