Beacon Financial Advisory LLC Buys 480 Shares of First Trust Capital Strength ETF $FTCS

Beacon Financial Advisory LLC grew its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 16,183 shares of the company’s stock after acquiring an additional 480 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $1,471,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FTCS. Merit Financial Group LLC acquired a new position in shares of First Trust Capital Strength ETF during the first quarter worth $200,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 32.7% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,063 shares of the company’s stock worth $275,000 after purchasing an additional 754 shares during the period. KMG Fiduciary Partners LLC lifted its holdings in shares of First Trust Capital Strength ETF by 5.7% during the first quarter. KMG Fiduciary Partners LLC now owns 10,928 shares of the company’s stock worth $980,000 after purchasing an additional 594 shares during the period. Daymark Wealth Partners LLC lifted its holdings in shares of First Trust Capital Strength ETF by 0.6% during the first quarter. Daymark Wealth Partners LLC now owns 30,943 shares of the company’s stock worth $2,774,000 after purchasing an additional 183 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 24.2% during the first quarter. Farther Finance Advisors LLC now owns 11,958 shares of the company’s stock worth $1,073,000 after purchasing an additional 2,327 shares during the period.

First Trust Capital Strength ETF Stock Up 0.5%

FTCS stock opened at $93.66 on Friday. The firm has a market cap of $8.47 billion, a price-to-earnings ratio of 21.51 and a beta of 0.86. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $94.37. The company’s fifty day simple moving average is $92.58 and its 200 day simple moving average is $90.50.

First Trust Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.2527 dividend. The ex-dividend date was Thursday, September 25th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 annualized dividend and a yield of 1.1%.

First Trust Capital Strength ETF Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).