Silver Oak Securities Incorporated Has $39.11 Million Stock Position in First Trust Capital Strength ETF $FTCS

Silver Oak Securities Incorporated lifted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.1% during the second quarter, Holdings Channel.com reports. The institutional investor owned 430,311 shares of the company’s stock after acquiring an additional 4,767 shares during the quarter. First Trust Capital Strength ETF makes up approximately 3.2% of Silver Oak Securities Incorporated’s portfolio, making the stock its biggest position. Silver Oak Securities Incorporated’s holdings in First Trust Capital Strength ETF were worth $39,111,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of FTCS. Kapstone Financial Advisors LLC increased its position in First Trust Capital Strength ETF by 3.2% during the 2nd quarter. Kapstone Financial Advisors LLC now owns 22,897 shares of the company’s stock valued at $2,081,000 after buying an additional 710 shares in the last quarter. ARS Wealth Advisors Group LLC acquired a new stake in First Trust Capital Strength ETF in the 2nd quarter worth about $1,100,000. Triumph Capital Management boosted its stake in First Trust Capital Strength ETF by 5.7% during the second quarter. Triumph Capital Management now owns 49,510 shares of the company’s stock worth $4,500,000 after buying an additional 2,657 shares during the last quarter. NBC Securities Inc. increased its holdings in shares of First Trust Capital Strength ETF by 5.4% during the 2nd quarter. NBC Securities Inc. now owns 68,526 shares of the company’s stock worth $6,228,000 after buying an additional 3,498 shares during the last quarter. Finally, Investors Research Corp grew its stake in shares of First Trust Capital Strength ETF by 8.3% in the second quarter. Investors Research Corp now owns 159,277 shares of the company’s stock valued at $14,477,000 after buying an additional 12,188 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $92.49 on Friday. The stock’s fifty day moving average is $92.23 and its two-hundred day moving average is $90.22. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $94.37. The stock has a market cap of $8.47 billion, a PE ratio of 21.51 and a beta of 0.86.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a dividend of $0.2334 per share. This represents a $0.93 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, June 26th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.22.

First Trust Capital Strength ETF 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).