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Transcend Capital cuts holdings in First Trust ETF, while Keystone increases stake amid higher dividend.
Transcend Capital Advisors LLC reduced its holdings in the First Trust Capital Strength ETF (FTCS) by 22.9%, while Keystone Financial Services LLC increased its stake by 7.4% in the first quarter of 2021.
The ETF raised its annualized dividend to $0.93, or 1.03% yield, from $0.22.
The ETF, with a market cap of $8.48 billion, tracks the Credit Suisse U.S. Value Index and has seen its price range between $80.66 and $94.23 over the last year.
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Transcend Capital recorta sus participaciones en First Trust ETF, mientras que Keystone aumenta su participación en medio de un mayor dividendo.