First Trust Capital Strength ETF (NASDAQ:FTCS) is Cedrus LLC’s 4th Largest Position

Cedrus LLC grew its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 13.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 121,070 shares of the company’s stock after acquiring an additional 14,756 shares during the quarter. First Trust Capital Strength ETF comprises about 4.1% of Cedrus LLC’s investment portfolio, making the stock its 4th biggest holding. Cedrus LLC’s holdings in First Trust Capital Strength ETF were worth $10,993,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC bought a new stake in shares of First Trust Capital Strength ETF in the third quarter worth $369,000. Secure Asset Management LLC boosted its position in First Trust Capital Strength ETF by 3.1% in the third quarter. Secure Asset Management LLC now owns 46,960 shares of the company’s stock worth $4,264,000 after purchasing an additional 1,405 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of First Trust Capital Strength ETF by 2.2% during the 3rd quarter. Global Retirement Partners LLC now owns 32,885 shares of the company’s stock valued at $2,986,000 after purchasing an additional 714 shares during the period. Summit Investment Advisory Services LLC purchased a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter valued at about $265,000. Finally, Kaydan Wealth Management Inc. increased its position in shares of First Trust Capital Strength ETF by 1.8% during the 3rd quarter. Kaydan Wealth Management Inc. now owns 48,343 shares of the company’s stock valued at $4,390,000 after purchasing an additional 846 shares during the last quarter.

First Trust Capital Strength ETF Trading Up 0.1 %

FTCS opened at $92.73 on Friday. The company’s 50 day moving average is $90.02 and its 200 day moving average is $86.16. The company has a market cap of $9.18 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 12-month low of $71.11 and a 12-month high of $93.05.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Thursday, September 26th.

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).