First Trust Capital Strength ETF (NASDAQ:FTCS) Position Lessened by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC trimmed its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 47.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 20,181 shares of the company’s stock after selling 18,319 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in First Trust Capital Strength ETF were worth $1,615,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FTCS. Independent Wealth Network Inc. increased its position in First Trust Capital Strength ETF by 1.9% during the fourth quarter. Independent Wealth Network Inc. now owns 7,082 shares of the company’s stock worth $567,000 after buying an additional 131 shares during the last quarter. Firethorn Wealth Partners LLC increased its position in First Trust Capital Strength ETF by 4.9% during the fourth quarter. Firethorn Wealth Partners LLC now owns 3,203 shares of the company’s stock worth $256,000 after buying an additional 151 shares during the last quarter. Per Stirling Capital Management LLC. increased its position in First Trust Capital Strength ETF by 0.5% during the third quarter. Per Stirling Capital Management LLC. now owns 36,722 shares of the company’s stock worth $2,704,000 after buying an additional 185 shares during the last quarter. Mutual Advisors LLC increased its position in First Trust Capital Strength ETF by 1.0% during the fourth quarter. Mutual Advisors LLC now owns 19,634 shares of the company’s stock worth $1,572,000 after buying an additional 204 shares during the last quarter. Finally, Triton Wealth Management PLLC increased its position in First Trust Capital Strength ETF by 6.3% during the fourth quarter. Triton Wealth Management PLLC now owns 3,746 shares of the company’s stock worth $299,000 after buying an additional 221 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS traded up $0.18 during midday trading on Friday, hitting $81.73. The company’s stock had a trading volume of 445,719 shares, compared to its average volume of 352,153. The stock has a market capitalization of $8.61 billion, a price-to-earnings ratio of 19.66 and a beta of 0.86. The stock’s 50 day simple moving average is $83.75 and its 200 day simple moving average is $79.70. First Trust Capital Strength ETF has a fifty-two week low of $70.91 and a fifty-two week high of $85.89.

First Trust Capital Strength ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a $0.2247 dividend. This represents a $0.90 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend was Thursday, March 21st.

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).