First Trust Enhanced Short Maturity ETF $FTSM Holdings Increased by PFS Partners LLC

PFS Partners LLC grew its position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 372.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,259 shares of the company’s stock after acquiring an additional 16,755 shares during the period. First Trust Enhanced Short Maturity ETF comprises 0.5% of PFS Partners LLC’s portfolio, making the stock its 26th largest holding. PFS Partners LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,265,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in First Trust Enhanced Short Maturity ETF by 4.6% in the second quarter. Envestnet Asset Management Inc. now owns 865,066 shares of the company’s stock valued at $51,670,000 after purchasing an additional 37,830 shares during the period. Gradient Investments LLC boosted its holdings in First Trust Enhanced Short Maturity ETF by 10.7% in the 2nd quarter. Gradient Investments LLC now owns 733,976 shares of the company’s stock valued at $43,840,000 after purchasing an additional 71,051 shares in the last quarter. Kirkwood Financial Services acquired a new position in First Trust Enhanced Short Maturity ETF during the 2nd quarter worth approximately $26,070,000. Summit Financial Wealth Advisors LLC increased its position in First Trust Enhanced Short Maturity ETF by 45.0% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 422,527 shares of the company’s stock worth $25,145,000 after purchasing an additional 131,083 shares during the period. Finally, Uptick Partners LLC increased its position in First Trust Enhanced Short Maturity ETF by 23.4% during the 1st quarter. Uptick Partners LLC now owns 386,047 shares of the company’s stock worth $23,078,000 after purchasing an additional 73,323 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of FTSM stock opened at $59.67 on Thursday. The stock has a 50 day simple moving average of $59.71 and a 200-day simple moving average of $59.80. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.49 and a 12-month high of $60.91.

First Trust Enhanced Short Maturity ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were issued a dividend of $0.2050 per share. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2040. This represents a $2.46 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, September 30th.

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.