Cetera Investment Advisers purchased a new position in shares of First Trust Exchange-Traded Fund IV (NASDAQ:FTSM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 16,532 shares of the company’s stock, valued at approximately $991,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Prospera Financial Services Inc lifted its holdings in shares of First Trust Exchange-Traded Fund IV by 20.5% during the fourth quarter. Prospera Financial Services Inc now owns 5,210 shares of the company’s stock worth $312,000 after purchasing an additional 888 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV during the fourth quarter worth $114,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV by 165.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,080 shares of the company’s stock worth $304,000 after purchasing an additional 3,169 shares during the period. Hochman Cole Investment Advisors Inc. lifted its holdings in shares of First Trust Exchange-Traded Fund IV by 30.0% during the fourth quarter. Hochman Cole Investment Advisors Inc. now owns 26,530 shares of the company’s stock worth $1,591,000 after purchasing an additional 6,115 shares during the period. Finally, Northwest Wealth Management LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV during the fourth quarter worth $529,000.

Shares of First Trust Exchange-Traded Fund IV (NASDAQ FTSM) opened at $60.06 on Wednesday. First Trust Exchange-Traded Fund IV has a fifty-two week low of $59.92 and a fifty-two week high of $60.09.

The business also recently declared a monthly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 24th were issued a dividend of $0.0825 per share. The ex-dividend date was Tuesday, January 23rd. This is an increase from First Trust Exchange-Traded Fund IV’s previous monthly dividend of $0.08. This represents a $0.99 annualized dividend and a dividend yield of 1.65%.

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

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