Silver Oak Securities Incorporated Acquires Shares of 420,530 First Trust Capital Strength ETF (NASDAQ:FTCS)

Silver Oak Securities Incorporated bought a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 420,530 shares of the company’s stock, valued at approximately $33,659,000. First Trust Capital Strength ETF accounts for approximately 4.5% of Silver Oak Securities Incorporated’s investment portfolio, making the stock its biggest position. Silver Oak Securities Incorporated owned about 0.39% of First Trust Capital Strength ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Independent Wealth Network Inc. grew its stake in First Trust Capital Strength ETF by 1.9% during the 4th quarter. Independent Wealth Network Inc. now owns 7,082 shares of the company’s stock worth $567,000 after buying an additional 131 shares during the last quarter. Firethorn Wealth Partners LLC boosted its stake in First Trust Capital Strength ETF by 4.9% in the 4th quarter. Firethorn Wealth Partners LLC now owns 3,203 shares of the company’s stock worth $256,000 after purchasing an additional 151 shares in the last quarter. Per Stirling Capital Management LLC. grew its position in First Trust Capital Strength ETF by 0.5% during the 3rd quarter. Per Stirling Capital Management LLC. now owns 36,722 shares of the company’s stock worth $2,704,000 after purchasing an additional 185 shares during the last quarter. Mutual Advisors LLC increased its stake in First Trust Capital Strength ETF by 1.0% during the 4th quarter. Mutual Advisors LLC now owns 19,634 shares of the company’s stock valued at $1,572,000 after purchasing an additional 204 shares in the last quarter. Finally, Triton Wealth Management PLLC raised its holdings in shares of First Trust Capital Strength ETF by 6.3% in the fourth quarter. Triton Wealth Management PLLC now owns 3,746 shares of the company’s stock worth $299,000 after buying an additional 221 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS traded down $0.22 during mid-day trading on Friday, hitting $82.21. The stock had a trading volume of 251,062 shares, compared to its average volume of 347,856. The company has a 50 day moving average of $83.76 and a two-hundred day moving average of $80.10. The firm has a market cap of $8.64 billion, a PE ratio of 21.13 and a beta of 0.86. First Trust Capital Strength ETF has a twelve month low of $70.91 and a twelve month high of $85.89.

First Trust Capital Strength ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.2247 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a yield of 1.09%.

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).