ForthRight Wealth Management LLC Has $1.98 Million Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

ForthRight Wealth Management LLC lessened its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,087 shares of the company’s stock after selling 2,314 shares during the quarter. First Trust Capital Strength ETF accounts for about 0.7% of ForthRight Wealth Management LLC’s holdings, making the stock its 24th biggest position. ForthRight Wealth Management LLC’s holdings in First Trust Capital Strength ETF were worth $1,980,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its stake in First Trust Capital Strength ETF by 3.9% in the 1st quarter. GAMMA Investing LLC now owns 9,679 shares of the company’s stock valued at $868,000 after buying an additional 362 shares during the period. Wealthcare Advisory Partners LLC increased its stake in First Trust Capital Strength ETF by 1.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 10,291 shares of the company’s stock valued at $922,000 after buying an additional 190 shares during the period. Farther Finance Advisors LLC increased its stake in First Trust Capital Strength ETF by 24.2% in the 1st quarter. Farther Finance Advisors LLC now owns 11,958 shares of the company’s stock valued at $1,073,000 after buying an additional 2,327 shares during the period. Daymark Wealth Partners LLC increased its stake in First Trust Capital Strength ETF by 0.6% in the 1st quarter. Daymark Wealth Partners LLC now owns 30,943 shares of the company’s stock valued at $2,774,000 after buying an additional 183 shares during the period. Finally, KMG Fiduciary Partners LLC increased its stake in First Trust Capital Strength ETF by 5.7% in the 1st quarter. KMG Fiduciary Partners LLC now owns 10,928 shares of the company’s stock valued at $980,000 after buying an additional 594 shares during the period.

First Trust Capital Strength ETF Stock Down 0.5%

Shares of FTCS opened at $90.69 on Thursday. The company’s fifty day moving average is $88.67 and its 200-day moving average is $89.31. First Trust Capital Strength ETF has a 12 month low of $80.66 and a 12 month high of $94.23. The firm has a market cap of $8.47 billion, a price-to-earnings ratio of 22.61 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.2159 per share. This represents a $0.86 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Thursday, March 27th.

First Trust Capital Strength ETF Company 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).