TD Capital Management LLC Acquires 16,412 Shares of First Trust Enhanced Short Maturity ETF $FTSM

TD Capital Management LLC lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 10.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 173,438 shares of the company’s stock after acquiring an additional 16,412 shares during the period. First Trust Enhanced Short Maturity ETF accounts for approximately 1.1% of TD Capital Management LLC’s holdings, making the stock its 24th biggest holding. TD Capital Management LLC owned 0.16% of First Trust Enhanced Short Maturity ETF worth $10,379,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $60,000. SVB Wealth LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the 1st quarter valued at about $132,000. Legacy Capital Wealth Partners LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the first quarter worth about $200,000. Armis Advisers LLC bought a new stake in First Trust Enhanced Short Maturity ETF in the fourth quarter worth about $205,000. Finally, GAMMA Investing LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 5,883.3% in the first quarter. GAMMA Investing LLC now owns 3,949 shares of the company’s stock worth $236,000 after purchasing an additional 3,883 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $60.09 on Thursday. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.69 and a 1 year high of $60.16. The firm has a 50-day simple moving average of $59.96 and a two-hundred day simple moving average of $59.92.

First Trust Enhanced Short Maturity ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 4th. Shareholders of record on Thursday, July 31st were paid a $0.218 dividend. The ex-dividend date of this dividend was Thursday, July 31st. This is an increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a yield of 4.4%.

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.