Western Wealth Management LLC Decreases Holdings in First Trust Capital Strength ETF $FTCS

Western Wealth Management LLC cut its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 111,891 shares of the company’s stock after selling 2,931 shares during the quarter. Western Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $10,170,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust Capital Strength ETF in the second quarter valued at approximately $25,000. Abound Wealth Management acquired a new position in shares of First Trust Capital Strength ETF in the second quarter worth $32,000. Flaharty Asset Management LLC purchased a new stake in shares of First Trust Capital Strength ETF in the first quarter valued at $37,000. Hazlett Burt & Watson Inc. boosted its stake in shares of First Trust Capital Strength ETF by 64.6% during the first quarter. Hazlett Burt & Watson Inc. now owns 489 shares of the company’s stock valued at $44,000 after acquiring an additional 192 shares during the last quarter. Finally, Compass Financial Services Inc purchased a new stake in First Trust Capital Strength ETF during the 1st quarter worth about $48,000.

First Trust Capital Strength ETF Trading Down 0.6%

NASDAQ:FTCS opened at $91.70 on Friday. The firm has a market cap of $8.21 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 12-month low of $80.65 and a 12-month high of $94.37. The company’s 50-day moving average is $92.62 and its two-hundred day moving average is $91.68.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.2527 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23.

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).