Truist Financial Corp Has $284,000 Stake in First Trust Dividend Strength ETF (NASDAQ:FTDS)

Truist Financial Corp lifted its holdings in shares of First Trust Dividend Strength ETF (NASDAQ:FTDS) by 27.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,626 shares of the company’s stock after purchasing an additional 1,221 shares during the quarter. Truist Financial Corp owned 1.13% of First Trust Dividend Strength ETF worth $284,000 at the end of the most recent quarter.

First Trust Dividend Strength ETF Stock Up 0.7 %

Shares of FTDS stock opened at $50.95 on Thursday. First Trust Dividend Strength ETF has a 12-month low of $47.57 and a 12-month high of $55.33. The firm has a fifty day moving average of $51.64 and a 200-day moving average of $52.17. The company has a market capitalization of $25.48 million, a price-to-earnings ratio of 13.31 and a beta of 1.11.

First Trust Dividend Strength ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.3427 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Dividend Strength ETF Profile

The First Trust Dividend Strength ETF (FTDS) is an exchange-traded fund that is based on the The Dividend Strength index. The fund tracks an index of approximately 50 US stocks or REITs considered to be well-capitalized and have a history of increasing their dividends. Holdings are selected based on fundamental criteria and equally-weighted within the portfolio.