US Bancorp DE Has $1.41 Million Stock Position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

US Bancorp DE grew its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,184 shares of the company’s stock after acquiring an additional 519 shares during the quarter. US Bancorp DE’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $1,412,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF during the 2nd quarter worth $86,000. Envestnet Asset Management Inc. increased its position in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% in the second quarter. Envestnet Asset Management Inc. now owns 406,934 shares of the company’s stock worth $23,304,000 after purchasing an additional 1,070 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 51.5% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 14,869 shares of the company’s stock valued at $851,000 after purchasing an additional 5,056 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in First Trust Dorsey Wright Focus 5 ETF by 2.8% in the first quarter. Oppenheimer & Co. Inc. now owns 27,115 shares of the company’s stock valued at $1,552,000 after purchasing an additional 735 shares in the last quarter. Finally, Professional Financial Advisors LLC bought a new stake in First Trust Dorsey Wright Focus 5 ETF during the second quarter worth about $200,000.

First Trust Dorsey Wright Focus 5 ETF Stock Up 1.6 %

FV stock opened at $61.37 on Friday. The company’s 50-day moving average price is $57.60 and its two-hundred day moving average price is $56.62. The firm has a market cap of $3.97 billion, a P/E ratio of 16.50 and a beta of 1.07. First Trust Dorsey Wright Focus 5 ETF has a 12 month low of $43.60 and a 12 month high of $61.41.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0199 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.13%. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 26th.

First Trust Dorsey Wright Focus 5 ETF Profile

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.