Bank of New York Mellon Corp Increases Stock Holdings in First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV)

Bank of New York Mellon Corp lifted its stake in shares of First Trust Horizon Managed Volatility Domestic ETF (NYSEARCA:HUSV) by 13.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,856 shares of the company’s stock after purchasing an additional 1,307 shares during the quarter. Bank of New York Mellon Corp’s holdings in First Trust Horizon Managed Volatility Domestic ETF were worth $406,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Asset Allocation Strategies LLC purchased a new stake in First Trust Horizon Managed Volatility Domestic ETF during the third quarter worth $202,000. HighTower Advisors LLC raised its stake in shares of First Trust Horizon Managed Volatility Domestic ETF by 23.7% during the 3rd quarter. HighTower Advisors LLC now owns 7,140 shares of the company’s stock worth $271,000 after buying an additional 1,368 shares during the last quarter. Principal Securities Inc. boosted its position in shares of First Trust Horizon Managed Volatility Domestic ETF by 3.1% in the 4th quarter. Principal Securities Inc. now owns 13,839 shares of the company’s stock worth $517,000 after buying an additional 413 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in First Trust Horizon Managed Volatility Domestic ETF by 3.8% in the 4th quarter. J.W. Cole Advisors Inc. now owns 15,545 shares of the company’s stock valued at $581,000 after acquiring an additional 565 shares during the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in First Trust Horizon Managed Volatility Domestic ETF during the 3rd quarter valued at about $1,011,000.

First Trust Horizon Managed Volatility Domestic ETF Stock Performance

HUSV stock opened at $39.62 on Friday. The stock’s 50 day moving average price is $39.36 and its 200 day moving average price is $38.62. The firm has a market cap of $101.03 million, a P/E ratio of 25.01 and a beta of 0.79. First Trust Horizon Managed Volatility Domestic ETF has a 1 year low of $33.89 and a 1 year high of $40.57.

First Trust Horizon Managed Volatility Domestic ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.1185 dividend. The ex-dividend date is Thursday, March 27th. This is an increase from First Trust Horizon Managed Volatility Domestic ETF’s previous dividend of $0.11.

About First Trust Horizon Managed Volatility Domestic ETF

The First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund that uses volatility forecasting to select and weight large-cap US stocks. HUSV was launched on Aug 24, 2016 and is managed by First Trust.