First Trust Capital Strength ETF (NASDAQ:FTCS) is Gratus Wealth Advisors LLC’s 10th Largest Position

Gratus Wealth Advisors LLC lifted its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 286,827 shares of the company’s stock after acquiring an additional 11,696 shares during the period. First Trust Capital Strength ETF accounts for approximately 4.0% of Gratus Wealth Advisors LLC’s portfolio, making the stock its 10th biggest position. Gratus Wealth Advisors LLC owned about 0.29% of First Trust Capital Strength ETF worth $25,189,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new position in First Trust Capital Strength ETF during the fourth quarter worth about $494,019,000. Wealthfront Advisers LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 4th quarter worth approximately $59,656,000. Pollock Investment Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF during the 4th quarter valued at approximately $48,383,000. SRS Capital Advisors Inc. lifted its holdings in First Trust Capital Strength ETF by 1,793.2% in the fourth quarter. SRS Capital Advisors Inc. now owns 326,589 shares of the company’s stock valued at $28,681,000 after acquiring an additional 309,338 shares during the last quarter. Finally, Independent Advisor Alliance lifted its holdings in First Trust Capital Strength ETF by 5,063.8% in the fourth quarter. Independent Advisor Alliance now owns 250,288 shares of the company’s stock valued at $21,980,000 after acquiring an additional 245,441 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 1.4 %

FTCS stock opened at $85.91 on Thursday. First Trust Capital Strength ETF has a 52-week low of $80.66 and a 52-week high of $94.23. The stock has a market cap of $8.17 billion, a price-to-earnings ratio of 22.18 and a beta of 0.86. The business has a fifty day moving average of $88.53 and a two-hundred day moving average of $89.76.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.2159 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend was Thursday, March 27th.

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).