First Trust Enhanced Short Maturity ETF $FTSM is Second Line Capital LLC’s 9th Largest Position

Second Line Capital LLC grew its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1,588.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 351,126 shares of the company’s stock after acquiring an additional 330,326 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises about 3.8% of Second Line Capital LLC’s holdings, making the stock its 9th largest position. Second Line Capital LLC owned 0.32% of First Trust Enhanced Short Maturity ETF worth $21,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Wells Fargo & Company MN increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 11.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,654,489 shares of the company’s stock worth $518,664,000 after buying an additional 876,866 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in First Trust Enhanced Short Maturity ETF by 1,953.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,784,922 shares of the company’s stock valued at $226,830,000 after acquiring an additional 3,600,586 shares during the period. Royal Bank of Canada increased its stake in First Trust Enhanced Short Maturity ETF by 1.2% during the fourth quarter. Royal Bank of Canada now owns 2,981,955 shares of the company’s stock worth $178,708,000 after acquiring an additional 34,833 shares during the last quarter. Bank of America Corp DE increased its stake in First Trust Enhanced Short Maturity ETF by 4.6% during the second quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock worth $149,744,000 after acquiring an additional 110,033 shares during the last quarter. Finally, Csenge Advisory Group raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.6% in the 4th quarter. Csenge Advisory Group now owns 1,871,976 shares of the company’s stock worth $112,188,000 after purchasing an additional 10,743 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM opened at $59.72 on Tuesday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.67 and a 1-year high of $60.91. The business’s 50-day simple moving average is $59.81 and its 200-day simple moving average is $59.86.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Monday, August 31st were paid a dividend of $0.204 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, August 31st.

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.