Vestmark Advisory Solutions Inc. Sells 166,279 Shares of First Trust Capital Strength ETF $FTCS

Vestmark Advisory Solutions Inc. reduced its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 51.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 156,267 shares of the company’s stock after selling 166,279 shares during the period. Vestmark Advisory Solutions Inc. owned 0.17% of First Trust Capital Strength ETF worth $14,633,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTCS. OneDigital Investment Advisors LLC lifted its stake in shares of First Trust Capital Strength ETF by 3.3% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 26,028 shares of the company’s stock valued at $2,437,000 after buying an additional 828 shares in the last quarter. Rossby Financial LCC boosted its position in shares of First Trust Capital Strength ETF by 46.8% during the 3rd quarter. Rossby Financial LCC now owns 2,390 shares of the company’s stock valued at $223,000 after acquiring an additional 762 shares during the last quarter. Clear Creek Financial Management LLC lifted its position in First Trust Capital Strength ETF by 3.2% during the third quarter. Clear Creek Financial Management LLC now owns 33,270 shares of the company’s stock valued at $3,115,000 after purchasing an additional 1,017 shares during the last quarter. Synovus Financial Corp grew its stake in First Trust Capital Strength ETF by 4.9% in the 3rd quarter. Synovus Financial Corp now owns 26,747 shares of the company’s stock worth $2,505,000 after buying an additional 1,247 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its holdings in shares of First Trust Capital Strength ETF by 7.4% in the 3rd quarter. Axxcess Wealth Management LLC now owns 15,559 shares of the company’s stock worth $1,457,000 after buying an additional 1,075 shares during the last quarter.

First Trust Capital Strength ETF Stock Up 0.3%

Shares of FTCS stock opened at $98.06 on Friday. The business has a 50-day moving average price of $95.52 and a two-hundred day moving average price of $93.55. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $99.21. The firm 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 Increases Dividend

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

About First Trust Capital Strength ETF

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.