SSI Investment Management Inc. Invests $1.56 Million in First Trust Exchange-Traded Fund IV (FTSL)

SSI Investment Management Inc. bought a new position in shares of First Trust Exchange-Traded Fund IV (NASDAQ:FTSL) in the fourth quarter, Holdings Channel reports. The institutional investor bought 32,458 shares of the company’s stock, valued at approximately $1,558,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its holdings in First Trust Exchange-Traded Fund IV by 6.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,160,019 shares of the company’s stock valued at $55,727,000 after purchasing an additional 66,187 shares during the last quarter. Welch & Forbes LLC increased its holdings in First Trust Exchange-Traded Fund IV by 17.5% in the fourth quarter. Welch & Forbes LLC now owns 369,083 shares of the company’s stock valued at $17,731,000 after purchasing an additional 55,023 shares during the last quarter. Aviance Capital Management LLC increased its holdings in First Trust Exchange-Traded Fund IV by 115.1% in the fourth quarter. Aviance Capital Management LLC now owns 315,064 shares of the company’s stock valued at $15,136,000 after purchasing an additional 168,615 shares during the last quarter. Telemus Capital LLC increased its holdings in First Trust Exchange-Traded Fund IV by 1.7% in the fourth quarter. Telemus Capital LLC now owns 172,371 shares of the company’s stock valued at $8,281,000 after purchasing an additional 2,820 shares during the last quarter. Finally, Barber Financial Group Inc. bought a new stake in First Trust Exchange-Traded Fund IV in the fourth quarter valued at about $4,522,000.

Shares of First Trust Exchange-Traded Fund IV (FTSL) opened at $48.28 on Monday. First Trust Exchange-Traded Fund IV has a fifty-two week low of $47.95 and a fifty-two week high of $48.73.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 24th were issued a $0.145 dividend. The ex-dividend date was Tuesday, January 23rd. This represents a $1.74 dividend on an annualized basis and a yield of 3.60%.

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Want to see what other hedge funds are holding FTSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Exchange-Traded Fund IV (NASDAQ:FTSL).

Institutional Ownership by Quarter for First Trust Exchange-Traded Fund IV (NASDAQ:FTSL)

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