First Heartland Consultants Inc. Sells 1,071 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

First Heartland Consultants Inc. trimmed its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 17.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,029 shares of the company’s stock after selling 1,071 shares during the quarter. First Heartland Consultants Inc.’s holdings in First Trust Capital Strength ETF were worth $442,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of FTCS. Blue Trust Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 2,593.6% in the 4th quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock valued at $185,000 after buying an additional 2,023 shares during the last quarter. US Bancorp DE grew its position in shares of First Trust Capital Strength ETF by 7.5% in the 4th quarter. US Bancorp DE now owns 10,880 shares of the company’s stock valued at $955,000 after acquiring an additional 761 shares during the period. Allworth Financial LP increased its stake in shares of First Trust Capital Strength ETF by 3.1% during the 4th quarter. Allworth Financial LP now owns 8,991 shares of the company’s stock worth $807,000 after purchasing an additional 267 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in First Trust Capital Strength ETF in the 4th quarter valued at about $59,656,000. Finally, Thrivent Financial for Lutherans acquired a new stake in First Trust Capital Strength ETF in the 4th quarter valued at about $250,000.

First Trust Capital Strength ETF Stock Down 1.3%

Shares of NASDAQ FTCS opened at $90.77 on Thursday. The business’s 50 day moving average price is $88.05 and its two-hundred day moving average price is $89.40. The company has a market cap of $8.42 billion, a PE ratio of 22.61 and a beta of 0.83. First Trust Capital Strength ETF has a twelve month low of $80.66 and a twelve month high of $94.23.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced 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 was Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 0.95%.

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).