Silver Oak Securities Incorporated Cuts Stock Position in First Trust Capital Strength ETF $FTCS

Silver Oak Securities Incorporated cut its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 428,828 shares of the company’s stock after selling 9,427 shares during the quarter. First Trust Capital Strength ETF comprises 2.7% of Silver Oak Securities Incorporated’s holdings, making the stock its biggest position. Silver Oak Securities Incorporated’s holdings in First Trust Capital Strength ETF were worth $39,992,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in First Trust Capital Strength ETF by 492.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after buying an additional 246 shares during the period. Davis Capital Management acquired a new position in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $28,000. BOKF NA acquired a new position in shares of First Trust Capital Strength ETF in the third quarter valued at approximately $28,000. Princeton Global Asset Management LLC bought a new stake in shares of First Trust Capital Strength ETF during the third quarter worth $29,000. Finally, Mather Group LLC. acquired a new stake in shares of First Trust Capital Strength ETF during the third quarter worth $30,000.

First Trust Capital Strength ETF Stock Up 0.4%

Shares of NASDAQ:FTCS opened at $91.87 on Tuesday. The firm has a market cap of $7.86 billion, a price-to-earnings 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 $99.74. The company’s fifty day simple moving average is $96.31 and its 200 day simple moving average is $94.04.

First Trust Capital Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th will be paid a $0.2873 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $1.15 annualized dividend and a dividend yield of 1.3%. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.