Osaic Holdings Inc. Raises Position in First Trust SMID Capital Strength ETF $FSCS

Osaic Holdings Inc. grew its stake in First Trust SMID Capital Strength ETF (NASDAQ:FSCS) by 254.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,286 shares of the company’s stock after purchasing an additional 29,653 shares during the period. Osaic Holdings Inc. owned approximately 3.18% of First Trust SMID Capital Strength ETF worth $1,476,000 at the end of the most recent reporting period.

Separately, Goldman Sachs Group Inc. bought a new stake in First Trust SMID Capital Strength ETF in the first quarter worth $550,000.

First Trust SMID Capital Strength ETF Stock Down 0.4%

NASDAQ FSCS opened at $36.11 on Wednesday. First Trust SMID Capital Strength ETF has a 52 week low of $30.22 and a 52 week high of $37.55. The firm has a market capitalization of $50.55 million, a price-to-earnings ratio of 16.57 and a beta of 1.03. The company has a fifty day moving average of $35.69 and a two-hundred day moving average of $36.14.

First Trust SMID Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a $0.1035 dividend. This is an increase from First Trust SMID Capital Strength ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.41 dividend on an annualized basis and a yield of 1.1%.

First Trust SMID Capital Strength ETF Profile

The First Trust SMID Capital Strength ETF (FSCS) is an exchange-traded fund that is based on the The SMID Capital Strength index. The fund tracks an equal-weighted index of 100 well-capitalized small- and mid-cap US companies perceived to hold strong market positions. FSCS was launched on Jun 20, 2017 and is issued by First Trust.