Jaffetilchin Investment Partners LLC Buys 14,845 Shares of First Trust Enhanced Short Maturity ETF $FTSM

Jaffetilchin Investment Partners LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 260,457 shares of the company’s stock after buying an additional 14,845 shares during the quarter. First Trust Enhanced Short Maturity ETF comprises 0.9% of Jaffetilchin Investment Partners LLC’s portfolio, making the stock its 25th largest position. Jaffetilchin Investment Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $15,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of FTSM. RiverTree Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF by 17.2% during the 4th quarter. RiverTree Advisors LLC now owns 144,125 shares of the company’s stock valued at $8,637,000 after acquiring an additional 21,187 shares in the last quarter. Towerpoint Wealth LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 9.5% in the 4th quarter. Towerpoint Wealth LLC now owns 59,967 shares of the company’s stock worth $3,594,000 after acquiring an additional 5,178 shares in the last quarter. Quad Cities Investment Group LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 12.8% in the 4th quarter. Quad Cities Investment Group LLC now owns 31,375 shares of the company’s stock valued at $1,880,000 after purchasing an additional 3,557 shares during the period. Crumly & Associates Inc. purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter valued at approximately $559,000. Finally, EdgeRock Capital LLC lifted its stake in shares of First Trust Enhanced Short Maturity ETF by 4.8% in the 4th quarter. EdgeRock Capital LLC now owns 122,322 shares of the company’s stock valued at $7,331,000 after purchasing an additional 5,612 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM opened at $59.94 on Tuesday. The stock’s 50 day moving average is $59.97 and its 200 day moving average is $60.00. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.73 and a twelve month high of $60.14.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Friday, February 27th were issued a dividend of $0.191 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Friday, February 27th.

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.