NewEdge Advisors LLC Sells 2,224 Shares of First Trust International Developed Capital Strength ETF (NASDAQ:FICS)

NewEdge Advisors LLC lowered its stake in shares of First Trust International Developed Capital Strength ETF (NASDAQ:FICS) by 13.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,379 shares of the company’s stock after selling 2,224 shares during the quarter. NewEdge Advisors LLC owned approximately 0.30% of First Trust International Developed Capital Strength ETF worth $488,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in First Trust International Developed Capital Strength ETF by 7.6% during the 4th quarter. LPL Financial LLC now owns 829,046 shares of the company’s stock worth $28,150,000 after acquiring an additional 58,620 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust International Developed Capital Strength ETF during the 4th quarter worth approximately $16,468,000. Key Financial Inc raised its stake in shares of First Trust International Developed Capital Strength ETF by 5.0% during the fourth quarter. Key Financial Inc now owns 163,918 shares of the company’s stock worth $5,566,000 after buying an additional 7,752 shares during the last quarter. Good Life Advisors LLC lifted its holdings in First Trust International Developed Capital Strength ETF by 29.8% in the fourth quarter. Good Life Advisors LLC now owns 126,060 shares of the company’s stock valued at $4,280,000 after buying an additional 28,933 shares during the period. Finally, Harbour Investments Inc. boosted its stake in First Trust International Developed Capital Strength ETF by 4.4% in the fourth quarter. Harbour Investments Inc. now owns 70,982 shares of the company’s stock valued at $2,410,000 after acquiring an additional 3,000 shares during the last quarter.

First Trust International Developed Capital Strength ETF Stock Performance

Shares of First Trust International Developed Capital Strength ETF stock opened at $38.29 on Tuesday. The firm has a fifty day moving average of $36.80 and a two-hundred day moving average of $35.80. The stock has a market capitalization of $193.36 million, a price-to-earnings ratio of 19.48 and a beta of 0.81. First Trust International Developed Capital Strength ETF has a 52 week low of $32.79 and a 52 week high of $38.65.

First Trust International Developed Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.1475 per share. This is a boost from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, March 27th. This represents a $0.59 annualized dividend and a dividend yield of 1.54%.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).