TIAA Trust National Association Has $530,000 Stake in First Trust Capital Strength ETF $FTCS

TIAA Trust National Association grew its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 53.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,834 shares of the company’s stock after purchasing an additional 2,043 shares during the period. TIAA Trust National Association’s holdings in First Trust Capital Strength ETF were worth $530,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new stake in First Trust Capital Strength ETF in the 2nd quarter valued at approximately $25,000. Abound Wealth Management bought a new position in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $32,000. Flaharty Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF during the 1st quarter worth approximately $37,000. BankPlus Trust Department raised its holdings in shares of First Trust Capital Strength ETF by 145.1% in the first quarter. BankPlus Trust Department now owns 429 shares of the company’s stock valued at $38,000 after purchasing an additional 254 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in shares of First Trust Capital Strength ETF by 64.6% in the first quarter. Hazlett Burt & Watson Inc. now owns 489 shares of the company’s stock worth $44,000 after purchasing an additional 192 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS opened at $91.03 on Thursday. The stock has a market capitalization of $8.15 billion, a PE ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $94.37. The stock has a 50 day moving average price of $92.80 and a 200 day moving average price of $91.43.

First Trust Capital Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.2527 per share. This represents a $1.01 annualized dividend and a yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Thursday, September 25th.

About First Trust Capital Strength ETF

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).