Northwestern Mutual Wealth Management Co. Purchases 131,322 Shares of First Trust Capital Strength ETF $FTCS

Northwestern Mutual Wealth Management Co. boosted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 39.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 462,385 shares of the company’s stock after buying an additional 131,322 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.54% of First Trust Capital Strength ETF worth $42,775,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BOKF NA bought a new stake in First Trust Capital Strength ETF during the 3rd quarter valued at $28,000. EverSource Wealth Advisors LLC raised its holdings in First Trust Capital Strength ETF by 492.0% during the 2nd 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 last quarter. Whittier Trust Co. bought a new stake in First Trust Capital Strength ETF during the 4th quarter valued at $30,000. Root Financial Partners LLC bought a new stake in First Trust Capital Strength ETF during the 3rd quarter valued at $37,000. Finally, Smartleaf Asset Management LLC bought a new position in First Trust Capital Strength ETF in the 2nd quarter worth $40,000.

First Trust Capital Strength ETF Trading Up 1.5%

Shares of NASDAQ FTCS opened at $93.92 on Tuesday. First Trust Capital Strength ETF has a 12 month low of $88.70 and a 12 month high of $99.74. The firm has a market capitalization of $7.87 billion, a PE ratio of 21.51 and a beta of 0.73. The firm has a fifty day simple moving average of $93.46 and a two-hundred day simple moving average of $94.10.

First Trust Capital Strength ETF Increases Dividend

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

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