Raymond James & Associates cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 11.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 389,779 shares of the company’s stock after selling 48,414 shares during the quarter. Raymond James & Associates’ holdings in First Trust Capital Strength ETF were worth $19,926,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC grew its stake in shares of First Trust Capital Strength ETF by 31.0% in the first quarter. LPL Financial LLC now owns 1,036,420 shares of the company’s stock valued at $52,412,000 after acquiring an additional 245,194 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of First Trust Capital Strength ETF by 25.2% in the second quarter. Wells Fargo & Company MN now owns 870,452 shares of the company’s stock valued at $44,497,000 after acquiring an additional 175,260 shares in the last quarter. Cornerstone Wealth Management LLC grew its stake in shares of First Trust Capital Strength ETF by 5,562.7% in the second quarter. Cornerstone Wealth Management LLC now owns 555,566 shares of the company’s stock valued at $10,866,000 after acquiring an additional 545,755 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of First Trust Capital Strength ETF by 46.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 445,938 shares of the company’s stock valued at $22,797,000 after acquiring an additional 142,219 shares in the last quarter. Finally, BB&T Securities LLC grew its stake in First Trust Capital Strength ETF by 7.9% during the second quarter. BB&T Securities LLC now owns 275,979 shares of the company’s stock worth $14,107,000 after buying an additional 20,112 shares in the last quarter.

Shares of First Trust Capital Strength ETF stock opened at $55.28 on Friday. First Trust Capital Strength ETF has a 12-month low of $46.85 and a 12-month high of $55.31.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Monday, September 17th will be paid a dividend of $0.0956 per share. The ex-dividend date is Friday, September 14th. This represents a $0.38 dividend on an annualized basis and a yield of 0.69%.

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).

Read More: Dividend Stocks – Are They Right For You?

Want to see what other hedge funds are holding FTCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Capital Strength ETF (NASDAQ:FTCS).

Institutional Ownership by Quarter for First Trust Capital Strength ETF (NASDAQ:FTCS)

Receive News & Ratings for First Trust Capital Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Capital Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.