Naples Global Advisors LLC Acquires 9,150 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Naples Global Advisors LLC boosted its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 47.5% in the third quarter, Holdings Channel.com reports. The fund owned 28,402 shares of the company’s stock after acquiring an additional 9,150 shares during the quarter. Naples Global Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,707,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Janney Montgomery Scott LLC boosted its stake in shares of First Trust Enhanced Short Maturity ETF by 31.5% during the second quarter. Janney Montgomery Scott LLC now owns 628,301 shares of the company’s stock valued at $37,616,000 after purchasing an additional 150,500 shares during the period. G&S Capital LLC increased its stake in First Trust Enhanced Short Maturity ETF by 198.7% in the 2nd quarter. G&S Capital LLC now owns 98,733 shares of the company’s stock worth $5,911,000 after buying an additional 65,678 shares during the period. Mainsail Financial Group LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 6.4% during the 2nd quarter. Mainsail Financial Group LLC now owns 270,709 shares of the company’s stock valued at $16,218,000 after buying an additional 16,361 shares in the last quarter. Truist Financial Corp lifted its holdings in First Trust Enhanced Short Maturity ETF by 3.2% during the 2nd quarter. Truist Financial Corp now owns 536,817 shares of the company’s stock valued at $32,139,000 after buying an additional 16,530 shares in the last quarter. Finally, Consolidated Portfolio Review Corp boosted its position in First Trust Enhanced Short Maturity ETF by 320.6% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 21,890 shares of the company’s stock valued at $1,311,000 after buying an additional 16,686 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock opened at $60.08 on Friday. The company’s 50-day simple moving average is $60.00 and its two-hundred day simple moving average is $60.00. First Trust Enhanced Short Maturity ETF has a one year low of $59.69 and a one year high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) annualized dividend and a yield of 4.0%.

About First Trust Enhanced Short Maturity ETF

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.