Vestmark Advisory Solutions Inc. Reduces Holdings in First Trust Capital Strength ETF $FTCS

Vestmark Advisory Solutions Inc. trimmed its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 51.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 156,267 shares of the company’s stock after selling 166,279 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in First Trust Capital Strength ETF were worth $14,633,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE raised its holdings in First Trust Capital Strength ETF by 1.5% during the 2nd quarter. Bank of America Corp DE now owns 1,714,227 shares of the company’s stock valued at $155,806,000 after buying an additional 25,024 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of First Trust Capital Strength ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 975,950 shares of the company’s stock valued at $88,750,000 after acquiring an additional 22,849 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of First Trust Capital Strength ETF by 19.9% during the third quarter. Jones Financial Companies Lllp now owns 665,115 shares of the company’s stock worth $61,760,000 after purchasing an additional 110,480 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of First Trust Capital Strength ETF by 3.1% in the third quarter. Concurrent Investment Advisors LLC now owns 455,404 shares of the company’s stock worth $42,644,000 after purchasing an additional 13,532 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its stake in shares of First Trust Capital Strength ETF by 1.8% in the third quarter. Silver Oak Securities Incorporated now owns 438,255 shares of the company’s stock worth $41,038,000 after purchasing an additional 7,944 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $98.06 on Friday. The stock has a market cap of $8.39 billion, a P/E ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a fifty-two week low of $80.65 and a fifty-two week high of $99.21. The stock has a 50 day simple moving average of $95.52 and a two-hundred day simple moving average of $93.55.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.2607 dividend. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%.

First Trust Capital Strength ETF Company 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.