Creekmur Asset Management LLC Purchases 4,377 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Creekmur Asset Management LLC lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,160 shares of the company’s stock after acquiring an additional 4,377 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up approximately 2.3% of Creekmur Asset Management LLC’s holdings, making the stock its 11th largest holding. Creekmur Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $10,230,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marshall Investment Management LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth $33,000. US Bancorp DE grew its holdings in First Trust Enhanced Short Maturity ETF by 298.0% during the 4th quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after acquiring an additional 873 shares during the last quarter. AdvisorNet Financial Inc acquired a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $91,000. Global Trust Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $159,000. Finally, City Center Advisors LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter valued at approximately $210,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock opened at $59.84 on Wednesday. The firm has a 50 day simple moving average of $59.91 and a 200 day simple moving average of $59.91. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Monday, March 31st will be paid a dividend of $0.222 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

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.