ForthRight Wealth Management LLC Sells 1,228 Shares of First Trust Capital Strength ETF $FTCS

ForthRight Wealth Management LLC trimmed its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 20,859 shares of the company’s stock after selling 1,228 shares during the period. First Trust Capital Strength ETF comprises approximately 0.6% of ForthRight Wealth Management LLC’s holdings, making the stock its 23rd largest holding. ForthRight Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $1,896,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Mutual Advisors LLC lifted its stake in shares of First Trust Capital Strength ETF by 1.5% in the 2nd quarter. Mutual Advisors LLC now owns 20,858 shares of the company’s stock valued at $1,924,000 after purchasing an additional 317 shares during the period. MGO One Seven LLC lifted its stake in shares of First Trust Capital Strength ETF by 0.8% in the 2nd quarter. MGO One Seven LLC now owns 19,459 shares of the company’s stock valued at $1,769,000 after purchasing an additional 154 shares during the period. Hazlett Burt & Watson Inc. lifted its stake in shares of First Trust Capital Strength ETF by 26.4% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 618 shares of the company’s stock valued at $56,000 after purchasing an additional 129 shares during the period. Commonwealth Financial Services LLC lifted its stake in shares of First Trust Capital Strength ETF by 9.1% in the 2nd quarter. Commonwealth Financial Services LLC now owns 74,603 shares of the company’s stock valued at $6,781,000 after purchasing an additional 6,215 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its stake in shares of First Trust Capital Strength ETF by 5.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 441,872 shares of the company’s stock valued at $40,162,000 after purchasing an additional 24,798 shares during the period.

First Trust Capital Strength ETF Stock Down 0.6%

FTCS stock opened at $92.94 on Thursday. The business’s fifty day moving average is $92.90 and its 200-day moving average is $90.73. The company has a market cap of $8.35 billion, a P/E ratio of 21.51 and a beta of 0.86. First Trust Capital Strength ETF has a twelve month low of $80.65 and a twelve month high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.2527 dividend. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. 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%.

First Trust Capital Strength ETF Company 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).