First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) Shares Sold by Cwm LLC

Cwm LLC lessened its holdings in shares of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) by 26.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 422,630 shares of the company’s stock after selling 152,682 shares during the quarter. Cwm LLC owned 24.15% of First Trust Dorsey Wright Momentum & Low Volatility ETF worth $11,550,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Baird Financial Group Inc. increased its position 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 worth $2,804,000 after purchasing an additional 27,064 shares in the last quarter. Susquehanna International Group LLP increased its position in First Trust Dorsey Wright Momentum & Low Volatility ETF by 27.5% during the 1st quarter. Susquehanna International Group LLP now owns 47,982 shares of the company’s stock worth $1,226,000 after purchasing an additional 10,343 shares in the last quarter. LPL Financial LLC increased its position in First Trust Dorsey Wright Momentum & Low Volatility ETF by 29.3% during the 3rd quarter. LPL Financial LLC now owns 46,066 shares of the company’s stock worth $1,150,000 after purchasing an additional 10,438 shares in the last quarter. Citadel Advisors LLC increased its position 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 worth $1,158,000 after purchasing an additional 29,561 shares in the last quarter. Finally, Private Advisory Group LLC increased its position in First Trust Dorsey Wright Momentum & Low Volatility ETF by 6.9% during the 1st quarter. Private Advisory Group LLC now owns 29,189 shares of the company’s stock worth $836,000 after purchasing an additional 1,873 shares in the last quarter.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Performance

DVOL opened at $29.21 on Monday. The company has a market cap of $46.74 million, a PE ratio of 22.72 and a beta of 0.80. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 1 year low of $24.42 and a 1 year high of $30.56. The firm has a 50 day moving average price of $29.62 and a 200 day moving average price of $27.72.

First Trust Dorsey Wright Momentum & Low Volatility ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a $0.0527 dividend. This represents a $0.21 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Dorsey Wright Momentum & Low Volatility ETF Profile

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.