Northbridge Financial Group LLC Acquires Shares of 38,628 First Trust Capital Strength ETF $FTCS

Northbridge Financial Group LLC acquired a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCSFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,628 shares of the company’s stock, valued at approximately $3,573,000. First Trust Capital Strength ETF comprises about 1.6% of Northbridge Financial Group LLC’s investment portfolio, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of FTCS. EverSource Wealth Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after buying an additional 246 shares during the period. BOKF NA bought a new stake in shares of First Trust Capital Strength ETF during the third quarter valued at about $28,000. Whittier Trust Co. bought a new stake in shares of First Trust Capital Strength ETF during the fourth quarter valued at about $30,000. Root Financial Partners LLC bought a new stake in shares of First Trust Capital Strength ETF during the third quarter valued at about $37,000. Finally, Smartleaf Asset Management LLC bought a new stake in shares of First Trust Capital Strength ETF during the second quarter valued at about $40,000.

First Trust Capital Strength ETF Stock Down 0.3%

Shares of FTCS opened at $93.62 on Wednesday. The business’s 50-day moving average price is $93.39 and its 200-day moving average price is $94.11. First Trust Capital Strength ETF has a twelve month low of $88.70 and a twelve month high of $99.74. The stock has a market cap of $7.85 billion, a PE ratio of 21.51 and a beta of 0.73.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.2873 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, March 26th.

First Trust Capital Strength ETF Company Profile

(Free Report)

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.

See Also

Want to see what other hedge funds are holding FTCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Capital Strength ETF (NASDAQ:FTCSFree Report).

Institutional Ownership by Quarter for First Trust Capital Strength ETF (NASDAQ:FTCS)

Receive News & Ratings for First Trust Capital Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Capital Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.