First Trust Capital Strength ETF (NASDAQ:FTCS) is Silver Oak Securities Incorporated’s Largest Position

Silver Oak Securities Incorporated boosted its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 426,587 shares of the company’s stock after purchasing an additional 5,992 shares during the period. First Trust Capital Strength ETF comprises 4.1% of Silver Oak Securities Incorporated’s portfolio, making the stock its largest position. Silver Oak Securities Incorporated owned 0.43% of First Trust Capital Strength ETF worth $38,649,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FTCS. Davis Capital Management acquired a new position in shares of First Trust Capital Strength ETF in the 2nd quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of First Trust Capital Strength ETF in the 3rd quarter worth approximately $29,000. Asset Dedication LLC acquired a new position in shares of First Trust Capital Strength ETF in the 2nd quarter worth approximately $31,000. EverSource Wealth Advisors LLC acquired a new position in shares of First Trust Capital Strength ETF in the 2nd quarter worth approximately $32,000. Finally, Headlands Technologies LLC acquired a new position in shares of First Trust Capital Strength ETF in the 1st quarter worth approximately $33,000.

First Trust Capital Strength ETF Trading Down 0.7 %

Shares of FTCS opened at $90.67 on Friday. The firm has a market cap of $8.95 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The stock has a 50 day moving average of $90.40 and a 200-day moving average of $86.35. First Trust Capital Strength ETF has a 52 week low of $71.11 and a 52 week high of $93.05.

First Trust Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.2566 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.03 annualized dividend and a dividend yield of 1.13%.

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).