First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Plans Dividend Increase – $0.45 Per Share

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.4455 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 128.7% increase from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.19.

First Trust International Developed Capital Strength ETF Stock Down 0.4%

NASDAQ:FICS traded down $0.18 during trading hours on Thursday, hitting $41.46. 45,392 shares of the company traded hands, compared to its average volume of 27,294. The firm’s 50-day simple moving average is $40.82 and its 200-day simple moving average is $40.45. First Trust International Developed Capital Strength ETF has a one year low of $37.25 and a one year high of $43.38. The company has a market cap of $228.03 million, a PE ratio of 19.87 and a beta of 0.72.

Institutional Investors Weigh In On First Trust International Developed Capital Strength ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FICS. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of First Trust International Developed Capital Strength ETF in the 3rd quarter valued at about $50,000. NBC Securities Inc. increased its position in shares of First Trust International Developed Capital Strength ETF by 41.6% in the fourth quarter. NBC Securities Inc. now owns 1,643 shares of the company’s stock worth $66,000 after purchasing an additional 483 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in First Trust International Developed Capital Strength ETF in the fourth quarter valued at approximately $157,000. Kestra Advisory Services LLC purchased a new stake in First Trust International Developed Capital Strength ETF in the fourth quarter valued at approximately $177,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in First Trust International Developed Capital Strength ETF during the fourth quarter valued at approximately $204,000.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index). FICS was launched on Dec 15, 2020 and is managed by First Trust.