ForthRight Wealth Management LLC Has $1.90 Million Holdings in First Trust Capital Strength ETF $FTCS

ForthRight Wealth Management LLC decreased its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,859 shares of the company’s stock after selling 1,228 shares during the quarter. First Trust Capital Strength ETF accounts for 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.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its position in shares of First Trust Capital Strength ETF by 1.6% in the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock valued at $687,036,000 after acquiring an additional 121,726 shares during the last quarter. Goldman Sachs Group Inc. increased its position in First Trust Capital Strength ETF by 503.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock worth $200,305,000 after buying an additional 1,864,116 shares during the last quarter. Cetera Investment Advisers acquired a new position in First Trust Capital Strength ETF during the first quarter worth approximately $131,493,000. Truist Financial Corp increased its position in First Trust Capital Strength ETF by 0.4% during the second quarter. Truist Financial Corp now owns 571,494 shares of the company’s stock worth $51,943,000 after buying an additional 2,171 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in First Trust Capital Strength ETF by 5.9% during the second quarter. Concurrent Investment Advisors LLC now owns 441,872 shares of the company’s stock worth $40,162,000 after buying an additional 24,798 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 0.6%

Shares of NASDAQ FTCS opened at $92.94 on Thursday. The business’s 50 day moving average price is $92.90 and its two-hundred day moving average price is $90.73. The company has a market cap of $8.35 billion, a PE 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.2527 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, September 25th.

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).