(DOGG) First Trust Exchange-Traded - Ratings and Ratios

The First Trust Exchange-Traded Fund IV - FT Cboe Vest DJIA Dogs 10 Target Income ETF (BATS:DOGG) is designed to generate income while providing exposure to a concentrated portfolio of large-capitalization U.S. equity securities. Under normal market conditions, the fund primarily invests in common stocks, exchange-traded options (including Flexible EXchange options, or FLEX Options), and short-term U.S. Treasury securities. The strategy aims to deliver a consistent level of income, targeting approximately 8% (before fees and expenses) above the annualized yield of the Dow Jones Industrial Average (DJIA). The fund is non-diversified, meaning it may concentrate its holdings in a smaller number of securities, which can increase risk.

As of the latest data, the fund has an average 20-day trading volume of 21,620 shares, with a last price of $21.39. Its short-term technical indicators show the price above the 20-day simple moving average (SMA) of $20.60 but slightly above the 50-day SMA of $19.93. The 200-day SMA stands at $19.52, indicating the fund is trading near its longer-term average. The Average True Range (ATR) of 0.24 reflects relatively stable price movements. The fund manages assets under management (AUM) of $28.02 million, placing it in the smaller ETF category within the derivative income space.