Aviance Capital Management LLC decreased its stake in shares of First Trust Exchange-Traded Fund III (NASDAQ:FMB) by 11.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 135,299 shares of the company’s stock after selling 16,795 shares during the period. Aviance Capital Management LLC’s holdings in First Trust Exchange-Traded Fund III were worth $7,241,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Legacy Private Trust Co. acquired a new position in shares of First Trust Exchange-Traded Fund III during the 4th quarter worth about $3,837,000. PFG Advisors acquired a new position in shares of First Trust Exchange-Traded Fund III during the 4th quarter worth about $276,000. Cetera Investment Advisers boosted its position in shares of First Trust Exchange-Traded Fund III by 104.9% during the 4th quarter. Cetera Investment Advisers now owns 68,721 shares of the company’s stock worth $3,675,000 after acquiring an additional 35,188 shares in the last quarter. Clearwater Capital Partners LLC boosted its position in shares of First Trust Exchange-Traded Fund III by 31.8% during the 4th quarter. Clearwater Capital Partners LLC now owns 30,724 shares of the company’s stock worth $1,644,000 after acquiring an additional 7,420 shares in the last quarter. Finally, Cetera Advisor Networks LLC acquired a new position in shares of First Trust Exchange-Traded Fund III during the 4th quarter worth about $238,000.

First Trust Exchange-Traded Fund III (FMB) opened at $52.62 on Wednesday. First Trust Exchange-Traded Fund III has a 1 year low of $51.14 and a 1 year high of $54.43.

The company also recently announced a monthly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 24th were given a $0.1125 dividend. The ex-dividend date of this dividend was Tuesday, January 23rd. This represents a $1.35 dividend on an annualized basis and a dividend yield of 2.57%.

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

Institutional Ownership by Quarter for First Trust Exchange-Traded Fund III (NASDAQ:FMB)

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