Citadel Advisors LLC Acquires Shares of 81,187 First Trust Enhanced Short Maturity ETF $FTSM

Citadel Advisors LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 81,187 shares of the company’s stock, valued at approximately $4,849,000. Citadel Advisors LLC owned 0.07% of First Trust Enhanced Short Maturity ETF at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 148,300.0% during the second quarter. EverSource Wealth Advisors LLC now owns 2,968 shares of the company’s stock worth $178,000 after purchasing an additional 2,966 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $905,000. Jane Street Group LLC purchased a new position in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at $3,843,000. Bank of America Corp DE increased its stake in First Trust Enhanced Short Maturity ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 2,501,150 shares of the company’s stock valued at $149,744,000 after buying an additional 110,033 shares during the period. Finally, BNP Paribas Financial Markets raised its position in First Trust Enhanced Short Maturity ETF by 6.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 43,630 shares of the company’s stock worth $2,612,000 after buying an additional 2,780 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM stock opened at $59.72 on Tuesday. First Trust Enhanced Short Maturity ETF has a one year low of $59.67 and a one year high of $60.91. The company has a fifty day moving average of $59.81 and a 200-day moving average of $59.86.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Investors of record on Monday, August 31st were issued a dividend of $0.204 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, August 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.