First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Bought by Triumph Capital Management

Triumph Capital Management lifted its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 295,368 shares of the company’s stock after acquiring an additional 2,831 shares during the period. First Trust Enhanced Short Maturity ETF accounts for about 7.5% of Triumph Capital Management’s investment portfolio, making the stock its largest position. Triumph Capital Management owned 0.26% of First Trust Enhanced Short Maturity ETF worth $17,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of FTSM. Key Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at about $43,000. Parkside Financial Bank & Trust purchased a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $48,000. Inspire Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $213,000. First Trust Direct Indexing L.P. purchased a new stake in First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $224,000. Finally, OneAscent Wealth Management LLC acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter worth $238,000.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of NASDAQ:FTSM remained flat at $59.55 during midday trading on Wednesday. 499,116 shares of the company traded hands, compared to its average volume of 941,836. The firm has a fifty day moving average price of $59.72 and a two-hundred day moving average price of $59.70. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.40 and a 1-year high of $59.94.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Wednesday, May 1st will be paid a dividend of $0.249 per share. The ex-dividend date of this dividend is Tuesday, April 30th. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.24.

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.