Key Client Fiduciary Advisors LLC Purchases 930 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Key Client Fiduciary Advisors LLC grew its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 2.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,966 shares of the company’s stock after buying an additional 930 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 0.9% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 20th largest position. Key Client Fiduciary Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $2,093,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FTSM. Cambridge Advisors Inc. lifted its stake in First Trust Enhanced Short Maturity ETF by 1.0% during the 2nd quarter. Cambridge Advisors Inc. now owns 16,861 shares of the company’s stock valued at $1,005,000 after acquiring an additional 173 shares during the period. Naples Global Advisors LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 1.2% in the first quarter. Naples Global Advisors LLC now owns 15,797 shares of the company’s stock worth $945,000 after purchasing an additional 185 shares during the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its position in First Trust Enhanced Short Maturity ETF by 1.2% in the 1st quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 16,956 shares of the company’s stock worth $1,011,000 after purchasing an additional 200 shares during the period. TAP Consulting LLC raised its stake in First Trust Enhanced Short Maturity ETF by 1.3% during the 2nd quarter. TAP Consulting LLC now owns 16,894 shares of the company’s stock valued at $1,007,000 after buying an additional 214 shares during the last quarter. Finally, Willner & Heller LLC raised its stake in First Trust Enhanced Short Maturity ETF by 1.3% during the 2nd quarter. Willner & Heller LLC now owns 19,091 shares of the company’s stock valued at $1,138,000 after buying an additional 237 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock traded up $0.03 on Friday, reaching $59.99. The stock had a trading volume of 469,717 shares, compared to its average volume of 841,877. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.43 and a 1 year high of $60.16. The company has a 50 day simple moving average of $59.96 and a 200 day simple moving average of $59.81.

First Trust Enhanced Short Maturity ETF Announces Dividend

The company also recently declared 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 was Friday, August 30th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.94%.

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.