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First Trust Advisors L.P. announced that the First Trust Total US Market AlphaDEX ETF (TUSA) will change its investment objective and name to First Trust Dividend Strength ETF (FTDS) effective April 29, 2022. The fund will shift its focus to The Dividend Strength Index, targeting approximately 50 U.S. equities known for increasing dividends, compared to its previous benchmark, the NASDAQ AlphaDEX Total US Market Index. This change aims to enhance yield potential for investors.
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