95,845 Shares of First Trust Enhanced Short Maturity ETF $FTSM Purchased by Sterling Manor Financial LLC

Sterling Manor Financial LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 95,845 shares of the company’s stock, valued at approximately $5,704,000. First Trust Enhanced Short Maturity ETF makes up about 3.3% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 14th largest holding. Sterling Manor Financial LLC owned about 0.08% of First Trust Enhanced Short Maturity ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. QP Wealth Management LLC boosted its position in shares of First Trust Enhanced Short Maturity ETF by 17.9% in the 3rd quarter. QP Wealth Management LLC now owns 12,679 shares of the company’s stock valued at $755,000 after purchasing an additional 1,924 shares during the period. Integrated Advisors Network LLC grew its stake in First Trust Enhanced Short Maturity ETF by 4.8% during the 3rd quarter. Integrated Advisors Network LLC now owns 156,117 shares of the company’s stock worth $9,291,000 after buying an additional 7,130 shares during the last quarter. Dagco Inc. increased its position in First Trust Enhanced Short Maturity ETF by 64.7% during the third quarter. Dagco Inc. now owns 42,426 shares of the company’s stock worth $2,525,000 after buying an additional 16,667 shares during the period. Maia Wealth LLC increased its position in First Trust Enhanced Short Maturity ETF by 13.3% during the third quarter. Maia Wealth LLC now owns 32,142 shares of the company’s stock worth $1,913,000 after buying an additional 3,773 shares during the period. Finally, Ellsworth Advisors LLC increased its position in First Trust Enhanced Short Maturity ETF by 4.1% during the third quarter. Ellsworth Advisors LLC now owns 245,440 shares of the company’s stock worth $14,606,000 after buying an additional 9,748 shares during the period.

First Trust Enhanced Short Maturity ETF Price Performance

NASDAQ FTSM traded up $0.03 on Wednesday, reaching $59.67. The stock had a trading volume of 222,997 shares, compared to its average volume of 838,463. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.49 and a 12-month high of $60.91. The business’s 50-day moving average price is $59.71 and its 200 day moving average price is $59.80.

First Trust Enhanced Short Maturity ETF Increases Dividend

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

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.