First Trust Capital Strength ETF $FTCS Shares Purchased by Gratus Wealth Advisors LLC

Gratus Wealth Advisors LLC grew its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 305,951 shares of the company’s stock after buying an additional 11,161 shares during the quarter. First Trust Capital Strength ETF makes up about 4.0% of Gratus Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. Gratus Wealth Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $28,649,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of FTCS. Bank of America Corp DE boosted its stake in First Trust Capital Strength ETF by 1.5% during the second quarter. Bank of America Corp DE now owns 1,714,227 shares of the company’s stock worth $155,806,000 after buying an additional 25,024 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in First Trust Capital Strength ETF by 2.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 975,950 shares of the company’s stock valued at $88,750,000 after purchasing an additional 22,849 shares during the last quarter. Truist Financial Corp boosted its holdings in First Trust Capital Strength ETF by 0.4% in the 2nd quarter. Truist Financial Corp now owns 571,494 shares of the company’s stock valued at $51,943,000 after purchasing an additional 2,171 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 3.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 455,404 shares of the company’s stock worth $42,644,000 after buying an additional 13,532 shares during the last quarter. Finally, Silver Oak Securities Incorporated raised its position in shares of First Trust Capital Strength ETF by 1.8% during the 3rd quarter. Silver Oak Securities Incorporated now owns 438,255 shares of the company’s stock valued at $41,038,000 after buying an additional 7,944 shares during the period.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock opened at $96.19 on Friday. The stock has a 50 day moving average of $92.77 and a 200 day moving average of $92.48. The firm has a market capitalization of $8.32 billion, a price-to-earnings 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 $96.43.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.2607 dividend. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date was Friday, December 12th. This represents a $1.04 annualized dividend 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.