23,137 First Trust Enhanced Short Maturity ETF $FTSM Shares Bought by Tucker Asset Management LLC

Tucker Asset Management LLC lifted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 3.9% during the third quarter, HoldingsChannel reports. The firm owned 614,144 shares of the company’s stock after purchasing an additional 23,137 shares during the period. First Trust Enhanced Short Maturity ETF comprises 9.0% of Tucker Asset Management LLC’s investment portfolio, making the stock its 3rd biggest position. Tucker Asset Management LLC’s holdings in First Trust Enhanced Short Maturity ETF were worth $36,548,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. lifted its position in shares of First Trust Enhanced Short Maturity ETF by 4.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 865,066 shares of the company’s stock worth $51,670,000 after purchasing an additional 37,830 shares during the last quarter. Gradient Investments LLC boosted its stake in First Trust Enhanced Short Maturity ETF by 10.7% during 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 during the period. Kirkwood Financial Services acquired a new stake in First Trust Enhanced Short Maturity ETF in the 2nd quarter valued at approximately $26,070,000. One Way Holdings LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 101.9% in the 3rd quarter. One Way Holdings LLC now owns 423,840 shares of the company’s stock valued at $25,223,000 after buying an additional 213,956 shares during the last quarter. Finally, Summit Financial Wealth Advisors LLC grew its holdings in First Trust Enhanced Short Maturity ETF by 45.0% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 422,527 shares of the company’s stock valued at $25,145,000 after buying an additional 131,083 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of NASDAQ FTSM opened at $59.60 on Tuesday. The business’s 50 day moving average is $59.69 and its two-hundred day moving average is $59.84. 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 will be paid on Tuesday, November 3rd. Stockholders of record on Friday, October 30th will be given a $0.2140 dividend. This is a positive change from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.2050. This represents a $2.57 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, October 30th.

First Trust Enhanced Short Maturity ETF Company 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.