Stratos Wealth Partners LTD. Acquires 75,175 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Stratos Wealth Partners LTD. increased its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 80.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,637 shares of the company’s stock after acquiring an additional 75,175 shares during the period. Stratos Wealth Partners LTD.’s holdings in First Trust Enhanced Short Maturity ETF were worth $10,096,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Cetera Investment Advisers lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 453.9% during the first quarter. Cetera Investment Advisers now owns 1,612,862 shares of the company’s stock valued at $96,159,000 after purchasing an additional 1,321,695 shares during the last quarter. Global Assets Advisory LLC increased its position in First Trust Enhanced Short Maturity ETF by 5,869.7% during the 1st quarter. Global Assets Advisory LLC now owns 783,406 shares of the company’s stock valued at $46,707,000 after buying an additional 770,283 shares in the last quarter. Jane Street Group LLC raised its stake in First Trust Enhanced Short Maturity ETF by 358.0% during the first quarter. Jane Street Group LLC now owns 706,040 shares of the company’s stock valued at $42,094,000 after buying an additional 551,897 shares during the last quarter. Coppell Advisory Solutions Corp. purchased a new position in First Trust Enhanced Short Maturity ETF during the first quarter valued at $32,546,000. Finally, LPL Financial LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 6.6% in the second quarter. LPL Financial LLC now owns 8,568,887 shares of the company’s stock worth $510,706,000 after acquiring an additional 530,475 shares in the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM opened at $59.99 on Friday. The business has a fifty day moving average price of $59.96 and a 200-day moving average price of $59.81. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.43 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Friday, August 30th were paid a dividend of $0.247 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.96 dividend on an annualized basis and a yield of 4.94%.

About First Trust Enhanced Short Maturity ETF

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.