4,238 Shares in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Purchased by Madison Park Capital Advisors LLC

Madison Park Capital Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 4,238 shares of the company’s stock, valued at approximately $254,000.

Several other institutional investors and hedge funds have also made changes to their positions in FTSM. International Assets Investment Management LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 3,702.2% in the 4th quarter. International Assets Investment Management LLC now owns 2,990,367 shares of the company’s stock valued at $178,405,000 after purchasing an additional 2,911,719 shares in the last quarter. Avestar Capital LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 178.5% in the 3rd quarter. Avestar Capital LLC now owns 505,608 shares of the company’s stock valued at $30,043,000 after purchasing an additional 324,062 shares in the last quarter. LPL Financial LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 8,722,953 shares of the company’s stock valued at $518,318,000 after purchasing an additional 195,687 shares in the last quarter. HBK Sorce Advisory LLC lifted its holdings in First Trust Enhanced Short Maturity ETF by 126.0% in the 4th quarter. HBK Sorce Advisory LLC now owns 273,944 shares of the company’s stock valued at $16,344,000 after purchasing an additional 152,755 shares in the last quarter. Finally, IronBridge Private Wealth LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $7,784,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM traded up $0.02 on Tuesday, reaching $59.76. The stock had a trading volume of 679,002 shares, compared to its average volume of 964,322. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.40 and a 12-month high of $59.94. The firm’s fifty day moving average is $59.72 and its two-hundred day moving average is $59.69.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, April 1st were paid a dividend of $0.249 per share. This represents a $2.99 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date was Thursday, March 28th.

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.