Visionary Wealth Advisors Acquires 855 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Visionary Wealth Advisors raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,802 shares of the company’s stock after purchasing an additional 855 shares during the quarter. Visionary Wealth Advisors’ holdings in First Trust Capital Strength ETF were worth $3,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of FTCS. Raymond James Financial Inc. bought a new position in First Trust Capital Strength ETF in the 4th quarter valued at $494,019,000. Wealthfront Advisers LLC bought a new position in First Trust Capital Strength ETF in the 4th quarter valued at $59,656,000. Bank of America Corp DE grew its stake in First Trust Capital Strength ETF by 57.8% in the 4th quarter. Bank of America Corp DE now owns 1,714,864 shares of the company’s stock valued at $150,599,000 after purchasing an additional 628,128 shares during the period. Pollock Investment Advisors LLC bought a new position in First Trust Capital Strength ETF in the 4th quarter valued at $48,383,000. Finally, SRS Capital Advisors Inc. grew its stake in First Trust Capital Strength ETF by 1,793.2% in the 4th quarter. SRS Capital Advisors Inc. now owns 326,589 shares of the company’s stock valued at $28,681,000 after purchasing an additional 309,338 shares during the period.

First Trust Capital Strength ETF Stock Performance

FTCS stock opened at $92.39 on Tuesday. The company has a market capitalization of $8.62 billion, a price-to-earnings ratio of 22.61 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $80.66 and a fifty-two week high of $94.23. The stock has a fifty day moving average of $87.89 and a 200-day moving average of $89.38.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.2159 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 0.93%.

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).