Northwestern Mutual Wealth Management Co. Increases Position in First Trust Capital Strength ETF $FTCS

Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.5% in the second quarter, HoldingsChannel reports. The firm owned 333,602 shares of the company’s stock after buying an additional 28,986 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in First Trust Capital Strength ETF were worth $30,321,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FTCS. HBW Advisory Services LLC raised its holdings in First Trust Capital Strength ETF by 2.0% in the second quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock worth $544,000 after purchasing an additional 119 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of First Trust Capital Strength ETF by 1.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 10,418 shares of the company’s stock worth $947,000 after buying an additional 127 shares during the last quarter. Hazlett Burt & Watson Inc. raised its stake in shares of First Trust Capital Strength ETF by 26.4% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 618 shares of the company’s stock worth $56,000 after acquiring an additional 129 shares in the last quarter. MGO One Seven LLC lifted its position in First Trust Capital Strength ETF by 0.8% during the second quarter. MGO One Seven LLC now owns 19,459 shares of the company’s stock valued at $1,769,000 after acquiring an additional 154 shares during the last quarter. Finally, Huntleigh Advisors Inc. boosted its stake in First Trust Capital Strength ETF by 2.8% in the second quarter. Huntleigh Advisors Inc. now owns 5,826 shares of the company’s stock valued at $530,000 after acquiring an additional 161 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.3%

NASDAQ FTCS opened at $92.69 on Friday. The firm’s fifty day simple moving average is $92.34 and its two-hundred day simple moving average is $91.83. The firm 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.

First Trust Capital Strength ETF Increases Dividend

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