Motiv8 Investments LLC Makes New Investment in First Trust Enhanced Short Maturity ETF $FTSM

Motiv8 Investments LLC purchased a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSMFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,707 shares of the company’s stock, valued at approximately $342,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Anderson Financial Strategies LLC bought a new position in First Trust Enhanced Short Maturity ETF during the first quarter valued at about $45,000. Salomon & Ludwin LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter valued at about $60,000. SVB Wealth LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter worth approximately $132,000. Flaharty Asset Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF in the 1st quarter worth approximately $148,000. Finally, Legacy Capital Wealth Partners LLC bought a new stake in First Trust Enhanced Short Maturity ETF during the first quarter worth approximately $200,000.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ:FTSM opened at $59.97 on Monday. The company’s 50 day moving average is $60.00 and its 200-day moving average is $59.94. First Trust Enhanced Short Maturity ETF has a 12 month low of $59.69 and a 12 month high of $60.11.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.213 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Tuesday, September 30th.

First Trust Enhanced Short Maturity ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

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