First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Stake Lowered by Wells Fargo & Company MN

Wells Fargo & Company MN cut its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVCFree Report) by 7.2% in the 4th quarter, Holdings Channel reports. The firm owned 224,496 shares of the company’s stock after selling 17,544 shares during the quarter. Wells Fargo & Company MN’s holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF were worth $7,358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Atria Wealth Solutions Inc. bought a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the fourth quarter valued at approximately $207,000. Global Retirement Partners LLC grew its holdings in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 131.4% during the fourth quarter. Global Retirement Partners LLC now owns 1,620 shares of the company’s stock valued at $53,000 after purchasing an additional 920 shares during the last quarter. Trueblood Wealth Management LLC bought a new position in First Trust Dorsey Wright Dynamic Focus 5 ETF in the 4th quarter worth approximately $499,000. Finally, Oppenheimer & Co. Inc. grew its holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF by 2.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,602 shares of the company’s stock worth $771,000 after buying an additional 533 shares in the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Price Performance

Shares of FVC stock opened at $34.38 on Friday. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 12-month low of $29.70 and a 12-month high of $35.01. The firm has a market capitalization of $163.31 million, a price-to-earnings ratio of 13.85 and a beta of 0.80. The business has a 50 day simple moving average of $33.93 and a 200 day simple moving average of $33.36.

First Trust Dorsey Wright Dynamic Focus 5 ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.139 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date was Thursday, March 21st.

First Trust Dorsey Wright Dynamic Focus 5 ETF Profile

(Free Report)

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum.

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Institutional Ownership by Quarter for First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

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