First Trust Enhanced Short Maturity ETF $FTSM is Gentry Private Wealth LLC’s 4th Largest Position

Gentry Private Wealth LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 16.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,200 shares of the company’s stock after acquiring an additional 8,200 shares during the quarter. First Trust Enhanced Short Maturity ETF makes up 2.7% of Gentry Private Wealth LLC’s portfolio, making the stock its 4th largest holding. Gentry Private Wealth LLC owned 0.06% of First Trust Enhanced Short Maturity ETF worth $3,484,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 3.2% in the first quarter. LPL Financial LLC now owns 9,141,990 shares of the company’s stock worth $547,057,000 after buying an additional 282,700 shares during the period. Raymond James Financial Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 23.2% during the 1st quarter. Raymond James Financial Inc. now owns 3,192,327 shares of the company’s stock worth $191,029,000 after acquiring an additional 600,198 shares during the period. Royal Bank of Canada raised its stake in First Trust Enhanced Short Maturity ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 2,637,594 shares of the company’s stock worth $157,833,000 after acquiring an additional 298,239 shares during the period. Hansen & Associates Financial Group Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 43.8% during the first quarter. Hansen & Associates Financial Group Inc. now owns 1,285,331 shares of the company’s stock valued at $76,966,000 after purchasing an additional 391,525 shares in the last quarter. Finally, Csenge Advisory Group boosted its position in shares of First Trust Enhanced Short Maturity ETF by 5.0% in the first quarter. Csenge Advisory Group now owns 1,183,880 shares of the company’s stock worth $70,938,000 after purchasing an additional 55,898 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $59.96 on Tuesday. First Trust Enhanced Short Maturity ETF has a one year low of $59.69 and a one year high of $60.11. The company’s fifty day moving average price is $60.00 and its 200-day moving average price is $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were given a dividend of $0.213 per share. The ex-dividend date was Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.