First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) Plans Dividend of $0.04

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLUGet Free Report) declared a dividend on Wednesday, March 20th, NASDAQ reports. Investors of record on Friday, March 22nd will be paid a dividend of 0.0424 per share on Thursday, March 28th. The ex-dividend date of this dividend is Thursday, March 21st.

First Trust Dorsey Wright Momentum & Value ETF Price Performance

DVLU stock opened at $29.61 on Friday. The company’s 50 day simple moving average is $27.03 and its 200-day simple moving average is $24.81. First Trust Dorsey Wright Momentum & Value ETF has a 52-week low of $20.69 and a 52-week high of $29.63. The firm has a market capitalization of $25.17 million, a P/E ratio of 7.94 and a beta of 1.18.

Institutional Investors Weigh In On First Trust Dorsey Wright Momentum & Value ETF

Several hedge funds have recently bought and sold shares of DVLU. Private Advisory Group LLC grew its stake in First Trust Dorsey Wright Momentum & Value ETF by 87.0% during the 1st quarter. Private Advisory Group LLC now owns 64,372 shares of the company’s stock valued at $1,647,000 after acquiring an additional 29,951 shares in the last quarter. Jane Street Group LLC purchased a new position in First Trust Dorsey Wright Momentum & Value ETF during the first quarter valued at approximately $948,000. Citadel Advisors LLC acquired a new position in First Trust Dorsey Wright Momentum & Value ETF in the 4th quarter valued at approximately $927,000. Susquehanna International Group LLP lifted its position in First Trust Dorsey Wright Momentum & Value ETF by 27.5% in the 1st quarter. Susquehanna International Group LLP now owns 34,674 shares of the company’s stock worth $769,000 after buying an additional 7,470 shares in the last quarter. Finally, LPL Financial LLC lifted its position in First Trust Dorsey Wright Momentum & Value ETF by 25.6% in the 3rd quarter. LPL Financial LLC now owns 14,011 shares of the company’s stock worth $320,000 after buying an additional 2,854 shares in the last quarter.

About First Trust Dorsey Wright Momentum & Value ETF

(Get Free Report)

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.

Further Reading

Dividend History for First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU)

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