11,355 Shares in First Trust Enhanced Short Maturity ETF $FTSM Purchased by Prasad Wealth Partners LLC

Prasad Wealth Partners LLC purchased a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,355 shares of the company’s stock, valued at approximately $680,000.

Several other institutional investors have also recently made changes to their positions in the stock. Titleist Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at $12,745,000. SouthState Bank Corp bought a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth $48,000. IMG Wealth Management Inc. lifted its stake in First Trust Enhanced Short Maturity ETF by 8.4% in the third quarter. IMG Wealth Management Inc. now owns 59,351 shares of the company’s stock valued at $3,556,000 after acquiring an additional 4,600 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in shares of First Trust Enhanced Short Maturity ETF by 15.2% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 68,278 shares of the company’s stock valued at $4,091,000 after acquiring an additional 8,994 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 40.2% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 109,557 shares of the company’s stock valued at $6,587,000 after acquiring an additional 31,417 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.1%

Shares of FTSM stock opened at $59.99 on Friday. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14. The firm’s 50-day moving average is $59.99 and its 200-day moving average is $60.00.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.