Stonebridge Financial Planning Group LLC Trims Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Stonebridge Financial Planning Group LLC lessened its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 22.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,164 shares of the company’s stock after selling 5,854 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in First Trust Capital Strength ETF were worth $1,614,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. CENTRAL TRUST Co bought a new position in shares of First Trust Capital Strength ETF in the third quarter worth about $26,000. Anchor Investment Management LLC bought a new position in shares of First Trust Capital Strength ETF in the fourth quarter worth approximately $64,000. Criterion Capital Advisors LLC purchased a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at $73,000. Tucker Asset Management LLC boosted its stake in First Trust Capital Strength ETF by 43.6% in the 3rd quarter. Tucker Asset Management LLC now owns 952 shares of the company’s stock worth $70,000 after purchasing an additional 289 shares during the period. Finally, Pinnacle Bancorp Inc. grew its position in shares of First Trust Capital Strength ETF by 59.5% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,554 shares of the company’s stock valued at $124,000 after purchasing an additional 580 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS traded down $0.93 during midday trading on Tuesday, reaching $81.61. 308,081 shares of the stock traded hands, compared to its average volume of 345,949. The stock has a market capitalization of $8.56 billion, a PE ratio of 21.13 and a beta of 0.86. The company’s 50 day moving average is $83.77 and its 200 day moving average is $80.20. First Trust Capital Strength ETF has a one year low of $70.91 and a one year high of $85.89.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a $0.2247 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 annualized dividend and a dividend yield of 1.10%.

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).