106,867 Shares in First Trust Growth Strength ETF (NASDAQ:FTGS) Bought by Baird Financial Group Inc.

Baird Financial Group Inc. bought a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 106,867 shares of the company’s stock, valued at approximately $3,356,000. Baird Financial Group Inc. owned about 0.34% of First Trust Growth Strength ETF as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. FSB Premier Wealth Management Inc. grew its holdings in shares of First Trust Growth Strength ETF by 5.2% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 14,441 shares of the company’s stock valued at $453,000 after purchasing an additional 709 shares during the last quarter. Barry Investment Advisors LLC boosted its position in First Trust Growth Strength ETF by 4.4% in the fourth quarter. Barry Investment Advisors LLC now owns 17,934 shares of the company’s stock valued at $563,000 after buying an additional 751 shares in the last quarter. San Luis Wealth Advisors LLC increased its holdings in shares of First Trust Growth Strength ETF by 0.5% during the fourth quarter. San Luis Wealth Advisors LLC now owns 154,784 shares of the company’s stock worth $4,860,000 after buying an additional 776 shares in the last quarter. Ergawealth Advisors Inc. lifted its stake in shares of First Trust Growth Strength ETF by 4.3% in the 4th quarter. Ergawealth Advisors Inc. now owns 18,905 shares of the company’s stock valued at $594,000 after acquiring an additional 785 shares during the last quarter. Finally, StoneX Group Inc. lifted its stake in shares of First Trust Growth Strength ETF by 5.5% in the 4th quarter. StoneX Group Inc. now owns 15,219 shares of the company’s stock valued at $478,000 after acquiring an additional 792 shares during the last quarter.

First Trust Growth Strength ETF Stock Up 0.1 %

Shares of FTGS stock opened at $31.45 on Friday. The firm has a market capitalization of $992.25 million, a P/E ratio of 19.17 and a beta of 1.11. First Trust Growth Strength ETF has a twelve month low of $25.74 and a twelve month high of $33.38. The stock’s fifty day simple moving average is $29.50 and its 200 day simple moving average is $31.25.

First Trust Growth Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.0248 per share. This is a boost from First Trust Growth Strength ETF’s previous quarterly dividend of $0.02. This represents a $0.10 annualized dividend and a dividend yield of 0.32%. The ex-dividend date was Thursday, March 27th.

About First Trust Growth Strength ETF

The First Trust Growth Strength ETF (FTGS) is an exchange-traded fund that is based on the The Growth Strength index. The fund tracks an equal-weighted index of 50 well-capitalized, large-cap companies with strong market positions in the US. The fund uses various fundamental metrics to select growth equities.