First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Declares $0.09 Quarterly Dividend

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be given a dividend of 0.0936 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust SMID Capital Strength ETF Trading Down 0.8%

NASDAQ:FSCS traded down $0.27 on Thursday, hitting $35.15. The company’s stock had a trading volume of 2,884 shares, compared to its average volume of 7,319. The stock has a fifty day moving average of $36.74 and a two-hundred day moving average of $36.30. The firm has a market capitalization of $58.00 million, a P/E ratio of 16.57 and a beta of 1.03. First Trust SMID Capital Strength ETF has a one year low of $30.22 and a one year high of $37.78.

Institutional Investors Weigh In On First Trust SMID Capital Strength ETF

A number of large investors have recently added to or reduced their stakes in FSCS. NewEdge Advisors LLC boosted its position in First Trust SMID Capital Strength ETF by 312.4% during the second quarter. NewEdge Advisors LLC now owns 347,221 shares of the company’s stock worth $12,410,000 after purchasing an additional 263,018 shares during the period. LPL Financial LLC raised its position in shares of First Trust SMID Capital Strength ETF by 55.1% in the fourth quarter. LPL Financial LLC now owns 509,668 shares of the company’s stock valued at $18,231,000 after purchasing an additional 181,008 shares during the period. Citadel Advisors LLC acquired a new stake in shares of First Trust SMID Capital Strength ETF during the 3rd quarter worth about $1,260,000. Osaic Holdings Inc. lifted its stake in shares of First Trust SMID Capital Strength ETF by 254.9% during the 2nd quarter. Osaic Holdings Inc. now owns 41,286 shares of the company’s stock worth $1,476,000 after buying an additional 29,653 shares during the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in shares of First Trust SMID Capital Strength ETF during the 1st quarter worth about $550,000.

About First Trust SMID Capital Strength ETF

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.