Good Life Advisors LLC Has $4.09 Million Position in First Trust Capital Strength ETF $FTCS

Good Life Advisors LLC cut its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 6.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 45,009 shares of the company’s stock after selling 3,085 shares during the period. Good Life Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $4,091,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its position in First Trust Capital Strength ETF by 503.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,234,549 shares of the company’s stock worth $200,305,000 after acquiring an additional 1,864,116 shares in the last quarter. Cetera Investment Advisers acquired a new stake in First Trust Capital Strength ETF in the 1st quarter valued at about $131,493,000. Jones Financial Companies Lllp lifted its stake in First Trust Capital Strength ETF by 74.0% in the 1st quarter. Jones Financial Companies Lllp now owns 430,512 shares of the company’s stock valued at $38,148,000 after purchasing an additional 183,074 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its holdings in First Trust Capital Strength ETF by 78.9% during the second quarter. Vestmark Advisory Solutions Inc. now owns 322,546 shares of the company’s stock worth $29,316,000 after purchasing an additional 142,229 shares during the period. Finally, LPL Financial LLC increased its position in First Trust Capital Strength ETF by 1.6% during the first quarter. LPL Financial LLC now owns 7,664,395 shares of the company’s stock worth $687,036,000 after buying an additional 121,726 shares during the last quarter.

First Trust Capital Strength ETF Trading Up 0.3%

Shares of NASDAQ FTCS opened at $92.63 on Thursday. The company has a market capitalization of $8.30 billion, a P/E ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $94.37. The stock has a 50 day moving average of $92.68 and a 200-day moving average of $91.62.

First Trust Capital Strength ETF Increases Dividend

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

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).