First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Position Lifted by Ellsworth Advisors LLC

Ellsworth Advisors LLC grew its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 158,650 shares of the company’s stock after buying an additional 4,658 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 3.0% of Ellsworth Advisors LLC’s portfolio, making the stock its 3rd largest position. Ellsworth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $9,465,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FTSM. Bank of New York Mellon Corp purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at approximately $210,000. Blair William & Co. IL boosted its position in shares of First Trust Enhanced Short Maturity ETF by 1,194.0% during the 1st quarter. Blair William & Co. IL now owns 30,809 shares of the company’s stock valued at $1,834,000 after acquiring an additional 28,428 shares during the last quarter. Equitable Holdings Inc. boosted its position in shares of First Trust Enhanced Short Maturity ETF by 13.7% during the 1st quarter. Equitable Holdings Inc. now owns 14,366 shares of the company’s stock valued at $855,000 after acquiring an additional 1,730 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at about $15,033,000. Finally, Worth Asset Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at about $228,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM remained flat at $59.62 during trading hours on Friday. 571,302 shares of the company’s stock were exchanged, compared to its average volume of 980,648. The firm has a fifty day moving average price of $59.77 and a 200-day moving average price of $59.68. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.40 and a 52 week high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Monday, April 1st will be given a dividend of $0.249 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $2.99 annualized dividend and a dividend yield of 5.01%.

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.