Trueblood Wealth Management LLC Purchases Shares of 44,120 First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV)

Trueblood Wealth Management LLC purchased a new stake in First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,120 shares of the company’s stock, valued at approximately $862,000. Trueblood Wealth Management LLC owned about 0.44% of First Trust Dorsey Wright International Focus 5 ETF as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Element Wealth LLC purchased a new position in First Trust Dorsey Wright International Focus 5 ETF in the third quarter valued at approximately $31,000. Cetera Advisor Networks LLC grew its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 6.0% during the second quarter. Cetera Advisor Networks LLC now owns 35,633 shares of the company’s stock worth $644,000 after acquiring an additional 2,003 shares during the last quarter. Bank of Montreal Can purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the second quarter worth approximately $37,000. Cambridge Investment Research Advisors Inc. grew its position in shares of First Trust Dorsey Wright International Focus 5 ETF by 28.3% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 63,031 shares of the company’s stock worth $1,118,000 after acquiring an additional 13,889 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of First Trust Dorsey Wright International Focus 5 ETF during the third quarter worth approximately $249,000.

First Trust Dorsey Wright International Focus 5 ETF Price Performance

Shares of IFV traded up $0.08 during mid-day trading on Wednesday, reaching $19.95. 14,828 shares of the company’s stock were exchanged, compared to its average volume of 29,969. The stock has a market capitalization of $197.51 million, a PE ratio of 7.96 and a beta of 0.95. The business’s fifty day simple moving average is $19.51 and its 200-day simple moving average is $18.75. First Trust Dorsey Wright International Focus 5 ETF has a 52-week low of $16.62 and a 52-week high of $20.11.

First Trust Dorsey Wright International Focus 5 ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd will be given a dividend of $0.0733 per share. The ex-dividend date is Thursday, March 21st. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.47%.

First Trust Dorsey Wright International Focus 5 ETF Profile

The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.