Key Client Fiduciary Advisors LLC Trims Stake in First Trust Capital Strength ETF $FTCS

Key Client Fiduciary Advisors LLC lessened its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 85.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,626 shares of the company’s stock after selling 50,548 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $798,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. American Financial Advisors LLC boosted its position in shares of First Trust Capital Strength ETF by 2.8% during the third quarter. American Financial Advisors LLC now owns 378,332 shares of the company’s stock valued at $35,427,000 after buying an additional 10,294 shares during the period. Concentrum Wealth Management grew its stake in shares of First Trust Capital Strength ETF by 5.1% during the third quarter. Concentrum Wealth Management now owns 109,417 shares of the company’s stock valued at $10,246,000 after buying an additional 5,341 shares during the last quarter. Randall & Associates Wealth Management raised its holdings in shares of First Trust Capital Strength ETF by 4.9% in the third quarter. Randall & Associates Wealth Management now owns 272,526 shares of the company’s stock worth $25,519,000 after buying an additional 12,783 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of First Trust Capital Strength ETF by 14.9% in the third quarter. Arkadios Wealth Advisors now owns 100,380 shares of the company’s stock worth $9,400,000 after buying an additional 13,014 shares during the period. Finally, Holos Integrated Wealth LLC bought a new stake in shares of First Trust Capital Strength ETF during the 4th quarter worth approximately $1,105,000.

First Trust Capital Strength ETF Stock Down 1.0%

FTCS opened at $93.53 on Wednesday. The business has a fifty day moving average of $95.24 and a 200 day moving average of $94.13. The stock has a market cap of $7.90 billion, a P/E ratio of 21.51 and a beta of 0.78. First Trust Capital Strength ETF has a 52-week low of $85.24 and a 52-week high of $99.74.

First Trust Capital Strength ETF Increases Dividend

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

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