First Trust Enhanced Short Maturity ETF $FTSM Shares Newly Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 250,505 shares of the company’s stock, valued at approximately $14,908,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its holdings in First Trust Enhanced Short Maturity ETF by 4.6% in the second quarter. Envestnet Asset Management Inc. now owns 865,066 shares of the company’s stock worth $51,670,000 after acquiring an additional 37,830 shares during the last quarter. Gradient Investments LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 10.7% during the second quarter. Gradient Investments LLC now owns 733,976 shares of the company’s stock valued at $43,840,000 after purchasing an additional 71,051 shares during the last quarter. Kirkwood Financial Services bought a new position in shares of First Trust Enhanced Short Maturity ETF during the second quarter valued at approximately $26,070,000. Summit Financial Wealth Advisors LLC grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 45.0% during the third quarter. Summit Financial Wealth Advisors LLC now owns 422,527 shares of the company’s stock valued at $25,145,000 after purchasing an additional 131,083 shares during the last quarter. Finally, Mainsail Financial Group LLC raised its position in shares of First Trust Enhanced Short Maturity ETF by 2.7% during the 3rd quarter. Mainsail Financial Group LLC now owns 390,974 shares of the company’s stock worth $23,267,000 after purchasing an additional 10,394 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.72 on Tuesday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.49 and a 12-month high of $60.91. The stock’s 50 day simple moving average is $59.71 and its 200 day simple moving average is $59.85.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were paid a dividend of $0.2050 per share. This represents a $2.46 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Wednesday, September 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040.

First Trust Enhanced Short Maturity ETF 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.