AE Wealth Management LLC Sells 2,354 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

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AE Wealth Management LLC cut its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVGet Rating) by 29.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 5,651 shares of the company’s stock after selling 2,354 shares during the period. AE Wealth Management LLC’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $269,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in FV. Ahrens Investment Partners LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $25,000. Element Wealth LLC bought a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $27,000. FSB Premier Wealth Management Inc. bought a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $34,000. Allegheny Financial Group LTD bought a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $47,000. Finally, Tyler Stone Wealth Management bought a new position in First Trust Dorsey Wright Focus 5 ETF during the fourth quarter worth $179,000.

FV stock opened at $40.83 on Wednesday. The company has a fifty day moving average price of $45.26 and a two-hundred day moving average price of $46.74. First Trust Dorsey Wright Focus 5 ETF has a one year low of $39.64 and a one year high of $51.64.

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Monday, June 27th were given a $0.173 dividend. This represents a $0.69 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date was Friday, June 24th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.09.

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Want to see what other hedge funds are holding FV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FVGet Rating).

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