Mutual Advisors LLC Acquires 50,397 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Mutual Advisors LLC raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 80.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 112,916 shares of the company’s stock after acquiring an additional 50,397 shares during the quarter. Mutual Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $6,763,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cambridge Advisors Inc. grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.0% in the third quarter. Cambridge Advisors Inc. now owns 17,034 shares of the company’s stock worth $1,020,000 after purchasing an additional 173 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in First Trust Enhanced Short Maturity ETF by 3.8% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 7,928 shares of the company’s stock valued at $475,000 after buying an additional 293 shares during the period. Towerpoint Wealth LLC grew its stake in First Trust Enhanced Short Maturity ETF by 0.4% in the 3rd quarter. Towerpoint Wealth LLC now owns 75,492 shares of the company’s stock worth $4,520,000 after acquiring an additional 329 shares in the last quarter. Sunbelt Securities Inc. raised its stake in shares of First Trust Enhanced Short Maturity ETF by 8.6% during the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock valued at $255,000 after acquiring an additional 339 shares in the last quarter. Finally, SeaCrest Wealth Management LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 1.8% in the third quarter. SeaCrest Wealth Management LLC now owns 19,593 shares of the company’s stock valued at $1,173,000 after purchasing an additional 354 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.91 on Thursday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16. The stock’s fifty day moving average price is $59.87 and its 200-day moving average price is $59.90.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were issued a $0.233 dividend. The ex-dividend date of this dividend was Friday, December 27th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

First Trust Enhanced Short Maturity ETF Profile

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.