Mutual Advisors LLC Raises Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Mutual Advisors LLC raised its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) by 105.3% in the third quarter, Holdings Channel.com reports. The fund owned 256,434 shares of the company’s stock after buying an additional 131,526 shares during the quarter. Mutual Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $15,409,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock worth $27,000 after acquiring an additional 423 shares during the period. CX Institutional purchased a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth $35,000. Root Financial Partners LLC purchased a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth $113,000. EverSource Wealth Advisors LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 148,300.0% in the second quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock valued at $178,000 after purchasing an additional 2,966 shares during the last quarter. Finally, Encompass Wealth Advisors LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at $200,000.

First Trust Enhanced Short Maturity ETF Trading Down 0.3%

First Trust Enhanced Short Maturity ETF stock opened at $59.93 on Friday. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.69 and a 52 week high of $60.14. The firm’s 50-day simple moving average is $60.00 and its 200 day simple moving average is $60.00.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th will be issued a $0.205 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend is Friday, January 30th.

About First Trust Enhanced Short Maturity ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FTSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report).

Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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