First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Position Boosted by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC boosted its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,267 shares of the company’s stock after purchasing an additional 775 shares during the period. Concurrent Investment Advisors LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $913,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC increased its position in First Trust Enhanced Short Maturity ETF by 2.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 207,056 shares of the company’s stock worth $12,396,000 after buying an additional 4,349 shares during the last quarter. TCV Trust & Wealth Management Inc. acquired a new stake in shares of First Trust Enhanced Short Maturity ETF during the third quarter worth approximately $330,000. J.W. Cole Advisors Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 2.8% in the third quarter. J.W. Cole Advisors Inc. now owns 26,514 shares of the company’s stock valued at $1,587,000 after purchasing an additional 725 shares in the last quarter. Sterling Manor Financial LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 1.9% in the third quarter. Sterling Manor Financial LLC now owns 156,466 shares of the company’s stock valued at $9,368,000 after acquiring an additional 2,978 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. bought a new position in First Trust Enhanced Short Maturity ETF in the third quarter valued at approximately $177,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.1 %

FTSM opened at $59.96 on Monday. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.54 and a 12 month high of $60.16. The firm’s fifty day simple moving average is $59.87 and its 200 day simple moving average is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Investors of record on Friday, January 31st were paid a $0.226 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $2.71 dividend on an annualized basis and a yield of 4.52%.

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.