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

Raymond James Financial Services Advisors Inc. lowered its stake in First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL – Get Rating) by 69.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,721 shares of the company’s stock after selling 59,283 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.86% of First Trust Dorsey Wright Momentum & Low Volatility ETF worth $616,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Commonwealth Equity Services LLC grew its stake in First Trust Dorsey Wright Momentum & Low Volatility ETF by 0.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 545,830 shares of the company’s stock valued at $13,722,000 after purchasing an additional 2,467 shares in the last quarter. Baird Financial Group Inc. grew its stake in First Trust Dorsey Wright Momentum & Low Volatility ETF by 38.2% during the 1st quarter. Baird Financial Group Inc. now owns 97,862 shares of the company’s stock valued at $2,804,000 after purchasing an additional 27,064 shares in the last quarter. Private Advisory Group LLC grew its stake in First Trust Dorsey Wright Momentum & Low Volatility ETF by 171.9% during the 2nd quarter. Private Advisory Group LLC now owns 79,364 shares of the company’s stock valued at $1,995,000 after purchasing an additional 50,175 shares in the last quarter. Silver Oak Securities Incorporated grew its stake in First Trust Dorsey Wright Momentum & Low Volatility ETF by 241.1% during the 3rd quarter. Silver Oak Securities Incorporated now owns 48,887 shares of the company’s stock valued at $1,171,000 after purchasing an additional 34,556 shares in the last quarter. Finally, Citadel Advisors LLC grew its stake in First Trust Dorsey Wright Momentum & Low Volatility ETF by 179.3% during the 2nd quarter. Citadel Advisors LLC now owns 46,045 shares of the company’s stock valued at $1,158,000 after purchasing an additional 29,561 shares in the last quarter.

First Trust Dorsey Wright Momentum & Low Volatility ETF Trading Up 0.4 %

Shares of DVOL opened at $26.05 on Wednesday. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 52 week low of $23.38 and a 52 week high of $29.54. The stock has a 50 day moving average of $26.54 and a 200-day moving average of $26.02.

First Trust Dorsey Wright Momentum & Low Volatility ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 30th. Stockholders of record on Tuesday, December 27th were issued a $0.144 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.21%. This is an increase from First Trust Dorsey Wright Momentum & Low Volatility ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 23rd.