17,991 Shares in First Trust Enhanced Short Maturity ETF $FTSM Bought by Paragon Private Wealth Management LLC

Paragon Private Wealth Management 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 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,991 shares of the company’s stock, valued at approximately $1,075,000.

A number of other hedge funds have also made changes to their positions in the company. Newbridge Financial Services Group Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 1,566.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 423 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in First Trust Enhanced Short Maturity ETF during the 1st quarter worth $42,000. Blair William & Co. IL grew its holdings in shares of First Trust Enhanced Short Maturity ETF by 195.9% during the fourth quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after buying an additional 482 shares in the last quarter. Kelleher Financial Advisors acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at about $55,000. Finally, CIBC Private Wealth Group LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter worth about $67,000.

First Trust Enhanced Short Maturity ETF Stock Up 0.0%

Shares of NASDAQ FTSM opened at $59.68 on Thursday. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.67 and a 12-month high of $60.91. The company has a 50-day moving average of $59.82 and a 200 day moving average of $59.87.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Monday, August 31st were given a $0.204 dividend. The ex-dividend date was Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.