Ellsworth Advisors LLC Has $10.82 Million Stock Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Ellsworth Advisors LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 6.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 181,070 shares of the company’s stock after buying an additional 10,602 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for 2.8% of Ellsworth Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Ellsworth Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $10,823,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Mattson Financial Services LLC bought a new stake in shares of First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at about $698,000. NewEdge Advisors LLC increased its position in First Trust Enhanced Short Maturity ETF by 4.6% during the second quarter. NewEdge Advisors LLC now owns 311,079 shares of the company’s stock worth $18,540,000 after buying an additional 13,539 shares during the last quarter. UMB Bank n.a. bought a new stake in First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $84,000. Brendel Financial Advisors LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 10.3% in the third quarter. Brendel Financial Advisors LLC now owns 5,710 shares of the company’s stock valued at $342,000 after buying an additional 531 shares during the last quarter. Finally, Centaurus Financial Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $119,000.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM stock opened at $59.91 on Monday. The business’s 50 day simple moving average is $59.87 and its 200 day simple moving average is $59.89. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were issued a $0.233 dividend. This is an increase 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

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.