DeDora Capital Inc. Trims Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

DeDora Capital Inc. lowered its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 9.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,891 shares of the company’s stock after selling 3,467 shares during the quarter. First Trust Capital Strength ETF makes up about 0.9% of DeDora Capital Inc.’s investment portfolio, making the stock its 28th largest holding. DeDora Capital Inc.’s holdings in First Trust Capital Strength ETF were worth $2,817,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. CENTRAL TRUST Co bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter valued at approximately $26,000. Mather Group LLC. acquired a new stake in shares of First Trust Capital Strength ETF during the first quarter worth $34,000. Hexagon Capital Partners LLC bought a new position in shares of First Trust Capital Strength ETF in the 4th quarter worth about $44,000. EdgeRock Capital LLC bought a new stake in shares of First Trust Capital Strength ETF during the 4th quarter valued at about $61,000. Finally, Anchor Investment Management LLC acquired a new stake in First Trust Capital Strength ETF during the fourth quarter worth about $64,000.

First Trust Capital Strength ETF Stock Up 0.7 %

FTCS stock traded up $0.59 during midday trading on Friday, reaching $82.34. The company had a trading volume of 358,873 shares, compared to its average volume of 344,558. The stock has a 50 day moving average price of $83.66 and a 200 day moving average price of $80.35. The firm has a market capitalization of $8.63 billion, a PE ratio of 21.13 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $70.91 and a fifty-two week high of $85.89.

First Trust Capital Strength ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.2247 dividend. This represents a $0.90 annualized dividend and a yield of 1.09%. The ex-dividend date was Thursday, March 21st.

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).