Moloney Securities Asset Management LLC Boosts Stock Holdings in First Trust Enhanced Short Maturity ETF $FTSM

Moloney Securities Asset Management LLC grew its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 12.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,519 shares of the company’s stock after acquiring an additional 16,404 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 1.0% of Moloney Securities Asset Management LLC’s holdings, making the stock its 21st largest position. Moloney Securities Asset Management LLC owned 0.14% of First Trust Enhanced Short Maturity ETF worth $8,598,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FTSM. McGuire Investment Group LLC increased its stake in First Trust Enhanced Short Maturity ETF by 10.2% during the third quarter. McGuire Investment Group LLC now owns 135,088 shares of the company’s stock worth $8,093,000 after acquiring an additional 12,466 shares during the last quarter. Synergy Asset Management LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 184.2% during the 3rd quarter. Synergy Asset Management LLC now owns 150,827 shares of the company’s stock worth $9,032,000 after purchasing an additional 97,749 shares during the period. Csenge Advisory Group increased its position in shares of First Trust Enhanced Short Maturity ETF by 18.8% during the 3rd quarter. Csenge Advisory Group now owns 1,861,233 shares of the company’s stock worth $111,506,000 after purchasing an additional 294,703 shares during the last quarter. Balboa Wealth Partners increased its position in shares of First Trust Enhanced Short Maturity ETF by 28.6% during the 2nd quarter. Balboa Wealth Partners now owns 4,866 shares of the company’s stock worth $291,000 after purchasing an additional 1,083 shares during the last quarter. Finally, Mutual Advisors LLC raised its holdings in First Trust Enhanced Short Maturity ETF by 51.4% in the 2nd quarter. Mutual Advisors LLC now owns 124,908 shares of the company’s stock valued at $7,497,000 after buying an additional 42,424 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.99 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.73 and a 1-year high of $60.14. The company has a 50-day moving average of $59.99 and a two-hundred day moving average of $60.00.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Friday, January 30th were given a dividend of $0.205 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, January 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20.

First Trust Enhanced Short Maturity ETF Company 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.