Tcfg Wealth Management LLC Purchases Shares of 30,353 First Trust Capital Strength ETF $FTCS

Tcfg Wealth Management LLC acquired a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 30,353 shares of the company’s stock, valued at approximately $2,816,000. First Trust Capital Strength ETF comprises about 1.1% of Tcfg Wealth Management LLC’s holdings, making the stock its 16th biggest holding.

Several other large investors also recently added to or reduced their stakes in FTCS. Caitlin John LLC increased its holdings in First Trust Capital Strength ETF by 288.0% in the 4th quarter. Caitlin John LLC now owns 291 shares of the company’s stock worth $27,000 after acquiring an additional 216 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares in the last quarter. Parallel Advisors LLC raised its position in shares of First Trust Capital Strength ETF by 140.0% during the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares during the period. BOKF NA bought a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at $28,000. Finally, Whittier Trust Co. purchased a new position in shares of First Trust Capital Strength ETF during the 4th quarter valued at $30,000.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock opened at $93.92 on Wednesday. First Trust Capital Strength ETF has a 1 year low of $89.39 and a 1 year high of $99.74. The firm’s 50 day moving average price is $93.39 and its 200-day moving average price is $94.53. The stock has a market cap of $7.87 billion, a P/E ratio of 21.51 and a beta of 0.71.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.2636 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.