Benjamin F. Edwards & Company Inc. Has $1.65 Million Holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Benjamin F. Edwards & Company Inc. grew its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 24.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,708 shares of the company’s stock after acquiring an additional 5,463 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,653,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Key Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $43,000. Parkside Financial Bank & Trust acquired a new position in First Trust Enhanced Short Maturity ETF in the 3rd quarter valued at approximately $48,000. Inspire Advisors LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at $213,000. First Trust Direct Indexing L.P. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at $224,000. Finally, OneAscent Wealth Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the fourth quarter worth $238,000.

First Trust Enhanced Short Maturity ETF Stock Performance

NASDAQ FTSM opened at $59.63 on Monday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.40 and a twelve month high of $59.94. The stock has a fifty day simple moving average of $59.71 and a 200 day simple moving average of $59.70.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 3rd. Shareholders of record on Wednesday, May 1st were given a dividend of $0.249 per share. The ex-dividend date of this dividend was Tuesday, April 30th. This is an increase 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.