Opinicus Capital Inc. Takes $245,000 Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Opinicus Capital Inc. bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,091 shares of the company’s stock, valued at approximately $245,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTSM. UMB Bank n.a. acquired a new position in First Trust Enhanced Short Maturity ETF in the third quarter worth about $84,000. San Luis Wealth Advisors LLC increased its stake in shares of First Trust Enhanced Short Maturity ETF by 11.8% in the third quarter. San Luis Wealth Advisors LLC now owns 11,499 shares of the company’s stock valued at $688,000 after buying an additional 1,217 shares in the last quarter. Towerpoint Wealth LLC raised its holdings in shares of First Trust Enhanced Short Maturity ETF by 0.4% in the third quarter. Towerpoint Wealth LLC now owns 75,492 shares of the company’s stock valued at $4,520,000 after buying an additional 329 shares during the last quarter. Castle Rock Wealth Management LLC lifted its position in First Trust Enhanced Short Maturity ETF by 1.5% during the 3rd quarter. Castle Rock Wealth Management LLC now owns 60,985 shares of the company’s stock worth $3,652,000 after buying an additional 881 shares in the last quarter. Finally, TAP Consulting LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 52.5% during the 3rd quarter. TAP Consulting LLC now owns 25,757 shares of the company’s stock worth $1,542,000 after acquiring an additional 8,863 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Down 0.0 %

Shares of NASDAQ FTSM opened at $59.81 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16. The company has a 50-day moving average of $59.86 and a two-hundred day moving average of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were given a $0.226 dividend. This represents a $2.71 annualized dividend and a yield of 4.53%. The ex-dividend date was Friday, January 31st.

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.