STAR Financial Bank Has $9.04 Million Position in First Trust AAA CMBS ETF $CAAA

STAR Financial Bank boosted its stake in First Trust AAA CMBS ETF (NYSEARCA:CAAA) by 27.2% in the fourth quarter, HoldingsChannel reports. The firm owned 441,039 shares of the company’s stock after acquiring an additional 94,432 shares during the period. First Trust AAA CMBS ETF accounts for about 4.6% of STAR Financial Bank’s holdings, making the stock its 6th biggest position. STAR Financial Bank owned approximately 0.28% of First Trust AAA CMBS ETF worth $9,041,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Prospera Financial Services Inc increased its holdings in First Trust AAA CMBS ETF by 0.7% in the fourth quarter. Prospera Financial Services Inc now owns 296,939 shares of the company’s stock valued at $6,087,000 after purchasing an additional 1,941 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of First Trust AAA CMBS ETF in the 4th quarter valued at $78,000. Farther Finance Advisors LLC grew its holdings in shares of First Trust AAA CMBS ETF by 24.0% in the 4th quarter. Farther Finance Advisors LLC now owns 75,608 shares of the company’s stock valued at $1,550,000 after buying an additional 14,619 shares during the period. Fearless Solutions LLC dba Best Invest acquired a new position in shares of First Trust AAA CMBS ETF in the 4th quarter valued at $215,000. Finally, Citadel Advisors LLC acquired a new position in shares of First Trust AAA CMBS ETF in the 3rd quarter valued at $313,000.

First Trust AAA CMBS ETF Price Performance

Shares of CAAA stock opened at $20.32 on Monday. First Trust AAA CMBS ETF has a 12-month low of $20.13 and a 12-month high of $20.85. The firm has a fifty day moving average of $20.31 and a 200-day moving average of $20.44.

First Trust AAA CMBS ETF Profile

The First Trust Commercial Mortgage Opportunities ETF (CAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in commercial mortgage-backed securities with a credit rating of AAA. The fund seeks to provide long-term total return CAAA was launched on Feb 27, 2024 and is issued by First Trust.