First Trust Capital Strength ETF $FTCS is Randall & Associates Wealth Management’s Largest Position

Randall & Associates Wealth Management lifted its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 4.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 272,526 shares of the company’s stock after purchasing an additional 12,783 shares during the period. First Trust Capital Strength ETF accounts for approximately 18.5% of Randall & Associates Wealth Management’s investment portfolio, making the stock its largest holding. Randall & Associates Wealth Management’s holdings in First Trust Capital Strength ETF were worth $25,519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Farmers & Merchants Investments Inc. purchased a new position in First Trust Capital Strength ETF in the second quarter worth about $25,000. EverSource Wealth Advisors LLC grew its position in First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after buying an additional 246 shares during the period. Princeton Global Asset Management LLC purchased a new stake in First Trust Capital Strength ETF during the third quarter valued at approximately $29,000. Abound Wealth Management purchased a new position in shares of First Trust Capital Strength ETF during the 2nd quarter worth $32,000. Finally, Flaharty Asset Management LLC purchased a new position in shares of First Trust Capital Strength ETF during the 1st quarter worth $37,000.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock opened at $93.60 on Friday. First Trust Capital Strength ETF has a one year low of $80.65 and a one year high of $94.37. The stock’s fifty day moving average is $92.23 and its 200 day moving average is $92.06. The stock has a market cap of $8.38 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a dividend of $0.2607 per share. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, December 12th.

First Trust Capital Strength ETF Company 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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.