First Trust Bloomberg Shareholder Yield ETF
SHRY
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Jun 22, 2017
- CIK
- 0001552740
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Bloomberg Shareholder Yield ETF (SHRY) is an exchange-traded fund that seeks investment results tracking the Bloomberg Shareholder Yield Index by investing at least 80% of its net assets in securities comprising the index; the index targets the top 50 U.S. companies, primarily large-cap value stocks, ranked by total shareholder yield including dividends, net buybacks, and net debt paydown. The fund, classified as a large value ETF in the Morningstar Large Value category with a net expense ratio of 0.60%, offers exposure to diversified sectors such as financial services (18.58%), consumer defensive (17.52%), technology (14.09%), consumer cyclical (11.00%), and healthcare (9.14%), with 98.29% allocated to U.S. stocks, 1.58% to non-U.S. stocks, and minimal cash holdings. SHRY trades on the Nasdaq with daily pricing, serves U.S. investors including individuals and institutions through financial advisors, and maintains total net assets of approximately $16.57 million. Launched on June 20, 2017, and domiciled in the United States, the ETF is managed by a team at First Trust Advisors L.P. ("FTA"), including Roger Testin, Daniel Lindquist, Jon Erickson, David McGarel, Stan Ueland, Chris Peterson, and Erik Russo, with FTA headquartered in Wheaton, Illinois, where the firm was founded in 1991 alongside affiliate First Trust Portfolios L.P. In a major strategic shift, the fund changed its underlying index on March 4, 2024, from the Nasdaq Riskalyze US Large Cap Index—a modified market-cap weighted index of dividend-paying U.S. large-cap securities—to the Bloomberg Shareholder Yield Index, reflecting an enhanced focus on comprehensive shareholder return metrics; this transition means pre-2024 performance may not fully reflect current strategy outcomes. No recent partnerships, acquisitions, funding rounds, new product launches, or reorganizations specific to SHRY have been reported in the last 1-2 years, though FTA continues routine ETF distributions as of December 2025 and oversees approximately $304 billion in assets under management or supervision across its broader product suite including unit investment trusts, ETFs, and separately managed accounts.