FARMERS & MERCHANTS TRUST Co OF LONG BEACH Purchases 3,536 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Posted by Trina Covell on Jan 18th, 2025

FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 22.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,538 shares of the company’s stock after purchasing an additional 3,536 shares during the quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,168,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FTSM. Mattson Financial Services LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter worth approximately $698,000. NewEdge Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF by 4.6% in the second quarter. NewEdge Advisors LLC now owns 311,079 shares of the company’s stock worth $18,540,000 after purchasing an additional 13,539 shares during the last quarter. UMB Bank n.a. bought a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at $84,000. Brendel Financial Advisors LLC increased its position in shares of First Trust Enhanced Short Maturity ETF by 10.3% during the 3rd quarter. Brendel Financial Advisors LLC now owns 5,710 shares of the company’s stock valued at $342,000 after purchasing an additional 531 shares during the last quarter. Finally, Brown Financial Advisors bought a new stake in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth $1,715,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ:FTSM opened at $59.91 on Friday. The company’s 50-day moving average is $59.87 and its 200 day moving average is $59.89. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.54 and a fifty-two week high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a $0.233 dividend. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23. The ex-dividend date was Friday, December 27th.

First Trust Enhanced Short Maturity ETF Profile

(Free Report)

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.