World Investment Advisors Makes New Investment in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

World Investment Advisors purchased a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,540 shares of the company’s stock, valued at approximately $212,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FTSM. Marshall Investment Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the fourth quarter worth about $33,000. US Bancorp DE increased its stake in First Trust Enhanced Short Maturity ETF by 298.0% during the fourth quarter. US Bancorp DE now owns 1,166 shares of the company’s stock worth $70,000 after acquiring an additional 873 shares during the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $91,000. Global Trust Asset Management LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $159,000. Finally, City Center Advisors LLC acquired a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter worth $210,000.

First Trust Enhanced Short Maturity ETF Stock Down 0.1 %

Shares of NASDAQ FTSM opened at $59.81 on Thursday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.54 and a 1 year high of $60.16. The business has a 50-day moving average of $59.89 and a two-hundred day moving average of $59.90.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Monday, March 31st were given a dividend of $0.222 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 31st.

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.