Stenger Family Office LLC Purchases Shares of 14,430 First Trust Enhanced Short Maturity ETF $FTSM

Stenger Family Office LLC purchased a new stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the first quarter, HoldingsChannel.com reports. The fund purchased 14,430 shares of the company’s stock, valued at approximately $863,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Centerpoint Advisory Group grew its stake in First Trust Enhanced Short Maturity ETF by 146.2% in the 1st quarter. Centerpoint Advisory Group now owns 67,160 shares of the company’s stock valued at $4,015,000 after buying an additional 39,878 shares during the last quarter. Integrated Advisors Network LLC lifted its position in First Trust Enhanced Short Maturity ETF by 17.4% during the 1st quarter. Integrated Advisors Network LLC now owns 149,544 shares of the company’s stock worth $8,940,000 after acquiring an additional 22,139 shares during the last quarter. Shelton Wealth Management LLC lifted its position in First Trust Enhanced Short Maturity ETF by 0.9% during the 1st quarter. Shelton Wealth Management LLC now owns 216,383 shares of the company’s stock worth $12,935,000 after acquiring an additional 1,839 shares during the last quarter. Ascentis Independent Advisors lifted its position in First Trust Enhanced Short Maturity ETF by 136.7% during the 1st quarter. Ascentis Independent Advisors now owns 22,719 shares of the company’s stock worth $1,358,000 after acquiring an additional 13,122 shares during the last quarter. Finally, NBT Bank N A NY boosted its holdings in First Trust Enhanced Short Maturity ETF by 6,029.2% during the first quarter. NBT Bank N A NY now owns 7,355 shares of the company’s stock valued at $440,000 after acquiring an additional 7,235 shares during the period.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of NASDAQ:FTSM opened at $59.78 on Thursday. The stock’s 50-day moving average is $59.85 and its 200-day moving average is $59.92. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.72 and a 52-week high of $60.14.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 30th were paid a dividend of $0.203 per share. The ex-dividend date was Tuesday, June 30th. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.20.

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.