DB&C Advisors LLC Takes Position in First Trust Capital Strength ETF $FTCS

DB&C Advisors LLC bought a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,389 shares of the company’s stock, valued at approximately $961,000. First Trust Capital Strength ETF makes up about 1.2% of DB&C Advisors LLC’s investment portfolio, making the stock its 24th biggest position.

Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 492.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares in the last quarter. Parallel Advisors LLC increased its holdings in First Trust Capital Strength ETF by 140.0% in the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares in the last quarter. BOKF NA purchased a new stake in First Trust Capital Strength ETF in the 3rd quarter worth $28,000. Whittier Trust Co. purchased a new stake in First Trust Capital Strength ETF in the 4th quarter worth $30,000. Finally, Smartleaf Asset Management LLC purchased a new stake in First Trust Capital Strength ETF in the 2nd quarter worth $40,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $93.72 on Friday. The firm has a market cap of $7.85 billion, a PE ratio of 21.51 and a beta of 0.71. The firm has a fifty day moving average of $93.27 and a 200 day moving average of $94.28. First Trust Capital Strength ETF has a one year low of $88.70 and a one year high of $99.74.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.2873 dividend. This represents a $1.15 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 26th. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.